Aveanna price target raised to $10 from $8 at RBC Capital

RBC Capital analyst Ben Hendrix raised the firm’s price target on Aveanna (AVAH) to $10 from $8 and keeps a Sector Perform rating on the shares. The company reported strong preliminary Q3 results that came in well ahead of expectations, the analyst tells investors in a research note. The firm also believes J.H. Whitney’s recently priced sale of 10M shares should begin to ease the stock’s private equity and share liquidity overhang.