B of A Securities Reinstates Underperform on Avista, Announces $37 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ross Fowler has reinstated an 'Underperform' rating on Avista (NYSE:AVA) with a price target of $37.
September 12, 2024 | 5:34 pm
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NEGATIVE IMPACT
B of A Securities has reinstated an 'Underperform' rating on Avista with a price target of $37, suggesting potential downside.
The 'Underperform' rating and $37 price target from B of A Securities indicate a bearish outlook on Avista's stock, suggesting it may underperform relative to the market. This could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100