Keybanc Maintains Overweight on AvidXchange Holdings, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Josh Beck maintains an Overweight rating on AvidXchange Holdings (NASDAQ: AVDX) but lowers the price target from $15 to $12.

August 01, 2024 | 5:26 pm
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Keybanc analyst Josh Beck maintains an Overweight rating on AvidXchange Holdings but lowers the price target from $15 to $12.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns about the company's short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100