tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Avantor downgraded to Equal Weight from Overweight at Barclays

As previously reported, Barclays analyst Luke Sergott downgraded Avantor (AVTR) to Equal Weight from Overweight with a price target of $12, down from $15. The company is not committing to earnings and sales growth next year given the early stages of its strategic review process, the analyst tells investors in a research note. Barclays awaits further details on Avantor’s “revival” plan before again recommending the shares.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1