Avantor Inc. (AVTR) PT Raised to $43 at Stifel

July 30, 2021 1:37 PM EDT
Get Alerts AVTR Hot Sheet
Price: $42.00 -4.57%

Rating Summary:
    24 Buy, 0 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 9 | Down: 10 | New: 35
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Stifel analyst Daniel Arias raised the price target on Avantor Inc. (NYSE: AVTR) to $43.00 (from $40.00) while maintaining a Buy rating.

The analyst commented, "Avantor's 2Q results were solid across the board, and details on the conference call suggest this momentum can continue all-around with decent visibility. Although shares have had a nice run recently, the company remains positioned to benefit from the most attractive end markets over the next 12 months, and relative valuation still appears approachable. We are raising our target price to $43 on continued execution and a more positive outlook."

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