Credit Suisse has decided to maintain its Outperform rating of AvidXchange Holdings AVDX and raise its price target from $11.00 to $12.50.
Shares of AvidXchange Holdings are trading up 0.52% over the last 24 hours, at $10.65 per share.
A move to $12.50 would account for a 17.32% increase from the current share price.
About AvidXchange Holdings
AvidXchange Holdings Inc is a provider of AP automation software and payment solutions for middle-market businesses and their suppliers. It generates the majority of its sales from Payment revenue followed by Software revenue and Services revenue. The company generates revenue in the United States.
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