UBS Maintains Buy on Avantor, Lowers Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Daniel Brennan maintains a Buy rating on Avantor (NYSE:AVTR) but lowers the price target from $30 to $29.
October 08, 2024 | 4:47 pm
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NEUTRAL IMPACT
UBS analyst Daniel Brennan continues to recommend buying Avantor stock, although the price target has been slightly reduced from $30 to $29.
The Buy rating suggests confidence in Avantor's potential, but the slight reduction in price target indicates a minor adjustment in expectations. This is likely to have a neutral short-term impact as the overall positive sentiment remains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100