TD Cowen analyst Daniel Brennan maintains $Avantor (AVTR.US)$ with a buy rating, and adjusts the target price from $31 to $28.
According to TipRanks data, the analyst has a success rate of 51.2% and a total average return of 12.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Avantor (AVTR.US)$'s main analysts recently are as follows:
The firm expressed satisfaction with the robust generation of free cash flow in the quarter and the gradual rise in bioprocessing and equipment & instrumentation revenue, which surpassed projections for the quarter. Although management has not offered projections for 2025, a slow and steady enhancement throughout the fiscal year is anticipated by the analysts.
A softer performance in the semiconductor sector is overshadowing what is otherwise considered a 'solid' revenue figure, while the focus remains on the EBITDA margin shortfall, stirring questions about the company's capacity to achieve a 20% EBITDA margin by the year 2025. It is believed that the company is on track to approach this target, yet accomplishing it may necessitate a favorable product mix and additional cost reductions. Expectations for growth have been moderated to 3% in light of the semiconductor sector's influence and the margin outlook for 2025.
Note:
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