Morgan Stanley analyst Tejas Savant downgraded Avantor (AVTR) to Equal Weight from Overweight with a price target of $15, down from $25. The firm views the stock as range-bound pending better visibility following the earnings report. The company reported an “underwhelming quarter” and downside estimate risk on tariffs gates the stock’s “ownability as investors seek safe havens given macro/policy backdrop,” the analyst tells investors in a research note.
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