Baird lowered the firm’s price target on AvidXchange (AVDX) to $12 from $14 and keeps an Outperform rating on the shares. The firm updated its model following its Q4 results.
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Read More on AVDX:
- AvidXchange price target lowered to $8 from $11 at Morgan Stanley
- AvidXchange downgraded to Peer Perform from Outperform at Wolfe Research
- AvidXchange price target lowered to $9 from $10 at JPMorgan
- AvidXchange price target lowered to $8 from $11 at Keefe Bruyette
- AvidXchange Holdings Faces Challenges: Sell Rating Due to Weak Growth Prospects and Competitive Concerns