JPMorgan analyst Tien-tsin Huang lowered the firm’s price target on AvidXchange (AVDX) to $9 from $10 and keeps a Neutral rating on the shares following the Q4 report. The company’s 2025 outlook came in below consensus as the macro environment is driving down core growth, the analyst tells investors in a research note.
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Read More on AVDX:
- AvidXchange price target lowered to $8 from $11 at Keefe Bruyette
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