Barclays Maintains Overweight on AvidXchange Holdings, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ramsey El-Assal maintains an Overweight rating on AvidXchange Holdings (NASDAQ:AVDX) but lowers the price target from $14 to $10.
August 05, 2024 | 11:29 pm
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Barclays analyst Ramsey El-Assal maintains an Overweight rating on AvidXchange Holdings but lowers the price target from $14 to $10.
The lowered price target from $14 to $10 suggests a less optimistic outlook for AvidXchange Holdings, which could negatively impact the stock price in the short term despite the maintained Overweight rating.
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