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A Quick Look at Today's Ratings for AvidXchange(AVDX.US), With a Forecast Between $10 to $10

Moomoo News ·  Nov 7 21:00  · Ratings

On Nov 07, major Wall Street analysts update their ratings for $AvidXchange (AVDX.US)$, with price targets ranging from $10 to $10.

Barclays analyst Ramsey El Assal maintains with a buy rating, and maintains the target price at $10.

Wells Fargo analyst Andrew Bauch maintains with a hold rating, and adjusts the target price from $9 to $10.

KeyBanc analyst Alex Markgraff maintains with a buy rating.

Piper Sandler analyst Clarke Jeffries initiates coverage with a hold rating, and sets the target price at $10.

Furthermore, according to the comprehensive report, the opinions of $AvidXchange (AVDX.US)$'s main analysts recently are as follows:

  • Stability in AvidXchange's TPV growth and monetization was observed, despite mixed results in Q3. However, with the diminishing political revenue this year, the near-term growth projections have been adjusted.

Here are the latest investment ratings and price targets for $AvidXchange (AVDX.US)$ from 4 analysts:

StockTodayLatestRating_mm_81209241857646_20241107_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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