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Advantage Solutions price target lowered to $1.50 from $2.50 at Canaccord

Canaccord analyst Joseph Vafi lowered the firm’s price target on Advantage Solutions (ADV) to $1.50 from $2.50 and keeps a Buy rating on the shares. The firm updated its model following Q4 results where free cash flow showed signs of momentum and a cleaner portfolio pointing to a second half improvement.

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