Aveanna price target lowered to $10 from $11 at BMO Capital

BMO Capital analyst Sean Dodge lowered the firm’s price target on Aveanna (AVAH) to $10 from $11 and keeps an Outperform rating on the shares. The company’s Q4 results were consistent with the January pre-announcement, reflecting a strong ending to its third year of strategic transformation, the analyst tells investors in a research note. BMO adds, however, that its reduced price target reflects multiple compression across the company’s comp group.