UPDATE: Goldman Sachs Starts AvidXChange Holdings (AVDX) at Buy
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AvidXchange Holdings (AVDX) Stock Gains as Street Initiates Bullish Coverage
November 8, 2021 10:03 AM ESTShares of AvidXchange (NASDAQ: AVDX) are up 4% today after numerous Street firms started research coverage with positive commentary.
The AP automation software company went public last month after it sold 26.4 million shares at $25.00 per share, at the top end of the previously raised $23.00 to $25.00 range.
All 9 Street firms started with a Buy or equivalent rating as they see an upside of roughly 30% on average.
Credit Suisse... More
KeyBanc Starts AvidXChange Holdings (AVDX) at Overweight
November 8, 2021 4:22 AM ESTKeyBanc analyst Josh Beck initiates coverage on AvidXChange Holdings (NASDAQ: AVDX) with a Overweight rating and a price target of $30.00.
For an analyst ratings summary and ratings history on AvidXChange Holdings click here. For more ratings news on AvidXChange Holdings click here.
Shares of AvidXChange Holdings closed at $23.81 yesterday.
... MoreCredit Suisse Starts AvidXChange Holdings (AVDX) at Outperform
November 8, 2021 4:20 AM ESTCredit Suisse analyst Timothy Chiodo initiates coverage on AvidXChange Holdings (NASDAQ: AVDX) with a Outperform rating and a price target of $28.00.
The analyst comments "AvidXchange is a leading provider of accounts payable (AP) automation software and payment solutions for middle-market businesses and... More
Piper Sandler Starts AvidXChange Holdings (AVDX) at Overweight
November 8, 2021 4:15 AM ESTPiper Sandler analyst Brent Bracelin initiates coverage on AvidXChange Holdings (NASDAQ: AVDX) with a Overweight rating and a price target of $28.00.
For an analyst ratings summary and ratings history on AvidXChange Holdings click here. For more ratings news on AvidXChange Holdings click here.
Shares of AvidXChange Holdings closed at $23.81 yesterday.
... MoreUPDATE: Deutsche Bank Starts AvidXChange Holdings (AVDX) at Buy
November 8, 2021 4:12 AM EST(Updated - November 8, 2021 7:01 AM EST)
Deutsche Bank analyst Bryan Keane initiates coverage on AvidXChange Holdings (NASDAQ: AVDX) with a Buy rating and a price target of $30.00.
The analyst commented, "We are initiating on AVDX, a leading middle market B2B accounts payable (AP) automation and payments solution provider, with a Buy rating and... More
UPDATE: JPMorgan Starts AvidXChange Holdings (AVDX) at Overweight
November 8, 2021 4:11 AM EST(Updated - November 8, 2021 4:33 AM EST)
JPMorgan analyst Tien-tsin Huang initiates coverage on AvidXChange Holdings (NASDAQ: AVDX) with a Overweight rating and a price target of $28.00.
The analyst comments "We initiate coverage of AvidXchange with an Overweight rating and $28 December 2022... More
UPDATE: Barclays Starts AvidXChange Holdings (AVDX) at Overweight
November 8, 2021 4:05 AM EST(Updated - November 8, 2021 4:37 AM EST)
Barclays analyst Ramsey El-Assal initiates coverage on AvidXChange Holdings (NASDAQ: AVDX) with a Overweight rating and a price target of $29.00.
The analyst comments "We are positive on AVDX's market opportunity as a leading provider of accounts... More
