Baird Maintains Outperform on AvidXchange Holdings, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Koning maintains an Outperform rating on AvidXchange Holdings (NASDAQ: AVDX) but lowers the price target from $16 to $14.
August 01, 2024 | 12:16 pm
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Baird analyst David Koning maintains an Outperform rating on AvidXchange Holdings but lowers the price target from $16 to $14.
The Outperform rating suggests continued confidence in AvidXchange Holdings' performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
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IMPORTANCE 70
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