Stock Track | Aveanna Healthcare Soars 5.86% Pre-market on Raymond James Upgrade to Buy

Stock Track

08/11

Aveanna Healthcare Holdings Inc. (AVAH) stock surged 5.86% in pre-market trading on Monday, as investors reacted positively to a significant analyst upgrade.

The catalyst for this upward movement appears to be Raymond James' decision to upgrade Aveanna Healthcare from Market Perform to Outperform. Analyst John Ransom also set a new price target of $9.00 for the stock, signaling strong confidence in the company's potential.

This upgrade represents a substantial shift in Raymond James' outlook for Aveanna Healthcare. The new Outperform rating, coupled with the $9.00 price target, suggests considerable upside potential from the stock's previous closing price. It's worth noting that prior to this upgrade, the average rating for AVAH was "hold" with a mean price target of $6.69, according to analysts polled by FactSet.

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(AVAH) stock surged 5.86% in pre-market trading on Monday, as investors reacted positively to a significant analyst upgrade.</p>\n\n<p>The catalyst for this upward movement appears to be Raymond James' decision to upgrade Aveanna Healthcare from Market Perform to Outperform. Analyst John Ransom also set a new price target of $9.00 for the stock, signaling strong confidence in the company's potential.</p>\n\n<p>This upgrade represents a substantial shift in Raymond James' outlook for Aveanna Healthcare. The new Outperform rating, coupled with the $9.00 price target, suggests considerable upside potential from the stock's previous closing price. 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