Piper Sandler Maintains Neutral on AvidXchange Holdings, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin has maintained a Neutral rating on AvidXchange Holdings (NASDAQ:AVDX) and raised the price target from $13 to $14.

February 29, 2024 | 12:29 pm
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Piper Sandler maintains a Neutral rating on AvidXchange Holdings but raises the price target from $13 to $14.
The increase in price target by Piper Sandler suggests a positive outlook on the stock's value, potentially leading to short-term price appreciation. However, the Neutral rating indicates that the analyst sees limited upside beyond the new target, balancing the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90