Stifel Maintains Buy on Avient, Raises Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Vincent Anderson has maintained a Buy rating on Avient (NYSE:AVNT) and increased the price target from $49 to $53.
May 08, 2024 | 1:14 pm
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Stifel analyst Vincent Anderson reaffirmed a Buy rating on Avient and raised the price target to $53 from $49.
The increase in price target by a reputable analyst suggests a positive outlook on Avient's stock, likely due to strong fundamentals or growth prospects. This endorsement can boost investor confidence and potentially lead to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100