UBS raised the firm’s price target on AvidXchange (AVDX) to $10 from $8 and keeps a Neutral rating on the shares. TPG (TPG), in partnership with Corpay (CPAY), entered into a definitive agreement to acquire the company for $10 per share, the analyst tells investors in a research note.
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Read More on AVDX:
- AvidXchange downgraded to Neutral from Positive at Susquehanna
- AvidXchange price target raised to $10 from $8 at Morgan Stanley
- AvidXchange downgraded to Neutral from Outperform at Baird
- AvidXchange price target raised to $10 from $8 at Wells Fargo
- Cautious Outlook for AvidXchange Holdings Amid Strategic Partnerships and Macroeconomic Concerns