Citigroup Maintains Neutral Rating for AvePoint: Here's What You Need To Know

Citigroup has decided to maintain its Neutral rating of AvePoint AVPT and raise its price target from $8.00 to $9.00.

Shares of AvePoint are trading up 0.38% over the last 24 hours, at $7.91 per share.

A move to $9.00 would account for a 13.78% increase from the current share price.

About AvePoint

AvePoint Inc is a Microsoft 365 data management solutions provider, offering a full suite of SaaS solutions to migrate, manage and protect data. Its products include Cloud Products, Hybrid Products; and solutions include Data Protection, Operational Governance, Records & Information Management, Microsoft Teams, SharePoint Online, Exchange Online, OneDrive for Business, Project Online, Planner, Yammer, and Public Folders.

About Analyst Ratings

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.