Goldman Sachs Maintains Sell on AvidXchange Holdings, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Will Nance maintains a Sell rating on AvidXchange Holdings (NASDAQ:AVDX) and lowers the price target from $11.5 to $9.

August 01, 2024 | 5:24 pm
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NEGATIVE IMPACT
Goldman Sachs analyst Will Nance maintains a Sell rating on AvidXchange Holdings and lowers the price target from $11.5 to $9.
The maintenance of a Sell rating and the lowering of the price target by a major financial institution like Goldman Sachs is likely to negatively impact investor sentiment and the short-term stock price of AvidXchange Holdings.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100