Aveanna price target lowered to $9 from $10 at Truist

Truist lowered the firm’s price target on Aveanna (AVAH) to $9 from $10 and keeps a Hold rating on the shares. The company reported a strong Q4, consistent with its January pre-announcement as as demand trends in its PDS segment remain brisk, the analyst tells investors in a research note. The firm adds, however, that it has reduced its price target to reflect market multiples.