KeyBanc Starts AvidXChange Holdings (AVDX) at Overweight

Go back to KeyBanc Starts AvidXChange Holdings (AVDX) at Overweight

AvidXchange Holdings (AVDX) Stock Gains as Street Initiates Bullish Coverage

November 8, 2021 10:03 AM EST

Shares 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