Goldman Sachs Maintains Neutral on AvidXchange Holdings, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Will Nance has maintained a Neutral rating on AvidXchange Holdings (NASDAQ:AVDX) and increased the price target from $11 to $13.

February 29, 2024 | 2:53 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Neutral rating on AvidXchange Holdings but raises the price target from $11 to $13.
The increase in price target by Goldman Sachs, a major financial institution, suggests a positive outlook on the company's future performance, potentially leading to increased investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90