TD Cowen analyst Derrick Wood lowered the firm’s price target on AvePoint (AVPT) to $16 from $17 and keeps a Buy rating on the shares. The firm aid they reported solid Q4 results as broad based product/geo/ vertical demand strength underlies its guide. And AI is drawing demand outside of core M365 Copilots including Azure AI Studio as the company can help customers build better data context experiences.
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Read More on AVPT:
- 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
- AvePoint sees Q1 revenue $115M-$117M, consensus $111.25M