Avantor drops after several brokerages cut PT

Avantor

30/10/2023 14:32

** Shares of lab products provider Avantor  AVTR.N  slide 6%
to $16.76 in early hours of trading 
    ** Several brokerages including JPMorgan, Morgan Stanley,
Barclays among others cut PT
    ** JPM cuts PT from $26 to $25, while Barclays cuts PT from
$25 to $21
    ** Of 22 analysts covering the stock, 14 have "buy" or
higher ratings, and 8 have "hold" ratings; median PT is $22.25
    ** YTD, AVTR shares are down ~20.3%

 (Reporting by Jaiveer Singh Shekhawat in Bengaluru)
 ((JaiveerSingh.Shekhawat@thomsonreuters.com;))