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Brent Bracelin Downgraded (AVDX) to Hold and Increased Target to $13 on, Jan 2nd, 2024


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Brent Bracelin of Piper Sandler, Downgraded "AvidXchange Holdings, Inc." (AVDX) to Hold and Increased Target from $12 to $13 on, Jan 2nd, 2024.

Brent has made no other calls on AVDX in the last 4 months.



There are 5 other peers that have a rating on AVDX. Out of the 5 peers that are also analyzing AVDX, 2 agree with Brent's Rating of Hold. Following are those relevant analyst calls for the last 4 months


  • Rufus Hone of "BMO Capital" Initiated at Hold and Held Target at $11 on, Tuesday, December 5th, 2023
  • Andrew Bauch of "Wells Fargo" Maintained at Hold with Increased Target to $10 on, Thursday, November 9th, 2023


These are the ratings of the 3 analyists that currently disagree with Brent


  • Ramsey El-Assal of "Barclays" Maintained at Buy with Increased Target to $14 on, Friday, December 22nd, 2023
  • Lance Jessurun of "BTIG" Initiated at Strong Buy and Held Target at $14 on, Wednesday, December 6th, 2023
  • James Friedman of "Susquehanna" Maintained at Buy with Increased Target to $12 on, Thursday, November 9th, 2023

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