Scotiabank lowered the firm’s price target on AvePoint (AVPT) to $13 from $17 and keeps an Outperform rating on the shares. The firm notes top and bottom-line results were “good enough,” but lacked the “blowout” upside Scotiabank was anticipating, the analyst tells investors.
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Read More on AVPT:
- AvePoint price target lowered to $16 from $17 at TD Cowen
- AvePoint price target lowered to $14 from $18 at Evercore ISI
- AvePoint: Strong SaaS ARR Momentum and Strategic Investment Underpinning Long-Term Growth to $1B ARR
- AvePoint reports Q4 EPS 7c, consensus 6c
- AvePoint sees FY26 revenue $509.4M-$517.4M, consensus $491.05M