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AvePoint price target raised to $22 from $19 at Scotiabank

Scotiabank analyst Joe Vandrick raised the firm’s price target on AvePoint (AVPT) to $22 from $19 and keeps an Outperform rating on the shares. The company delivered a “nice start” to Q1, with top and bottom key performance indicators above consensus, the analyst tells investors. Based on the firm’s fieldwork, Scotiabank believes the company’s momentum can continue.

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