Market Overview

Why Avid Technology's Stock Is Trading Higher Today

Share:

Avid Technology, Inc. (NASDAQ: AVID) shares are trading higher on Tuesday.

Northland Capital Markets initiated coverage on the stock with an Outperform rating and announced a price target of $14.

Avid Technology develops and sells software and hardware for digital media production and management. Its products are used in production, film studios, cable television stations, recording studios, and other agencies. The company has operations in the U.S.; the Americas; Europe, Middle East, and Africa; and Asia-Pacific.

Avid Technology shares were trading up 11.66% at $5.84 on Tuesday. The stock has a 52-week range between $10.79 and $4.67.

Latest Ratings for AVID

DateFirmActionFromTo
May 2020Northland Capital MarketsInitiates Coverage OnOutperform
May 2020B. Riley FBRMaintainsBuy
Nov 2019B. RileyInitiates Coverage OnBuy

View More Analyst Ratings for AVID
View the Latest Analyst Ratings

 

Related Articles (AVID)

View Comments and Join the Discussion!

Posted-In: why it's movingPrice Target Initiation Analyst Ratings

Latest Ratings

StockFirmActionPT
PMTB of A SecuritiesMaintains18.5
IVRB of A SecuritiesMaintains3.0
EFCB of A SecuritiesMaintains15.5
NYMTB of A SecuritiesMaintains3.5
NLYB of A SecuritiesMaintains8.5
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com