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Avantor downgraded to Market Perform from Outperform at Raymond James

Raymond James downgraded Avantor (AVTR) to Market Perform from Outperform without a price target The company reported another “frustrating quarter” with a miss on sales, the analyst tells investors in a research note. The firm cites Avantor’s reduced guidance and execution risks for the downgrade. Raymond James sees a lack of visibility to continue recommending the shares.

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