Mizuho Upgrades Avista to Neutral, Raises Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Anthony Crowdell upgraded Avista (NYSE:AVA) from Underperform to Neutral and increased the price target from $32 to $36.
May 03, 2024 | 9:28 am
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POSITIVE IMPACT
Avista upgraded by Mizuho from Underperform to Neutral with a price target increase from $32 to $36.
The upgrade from Underperform to Neutral by a significant analyst like Mizuho, coupled with a notable increase in the price target, suggests a positive reassessment of Avista's outlook. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100