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.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AVTR:
- Avantor downgraded to Hold from Buy at Stifel
- Avantor Reports Q1 2025 Earnings and Strategic Initiatives
- Avantor’s Earnings Call: Challenges and Strategic Moves
- China weighs U.S. tariff exemptions, Alphabet reports Q1 beat: Morning Buzz
- Avantor falls -19.6%