Aveanna Healthcare (NASDAQ:AVAH) Price Target Raised to $4.50 at UBS Group

Aveanna Healthcare (NASDAQ:AVAH) had its target price hoisted by UBS Group from $3.20 to $4.50 in a research report report published on Friday morning,Benzinga reports. They currently have a sell rating on the stock.

Separately, Truist Financial reduced their target price on shares of Aveanna Healthcare from $6.00 to $5.25 and set a “hold” rating on the stock in a report on Monday, January 6th.

Aveanna Healthcare Stock Up 1.0 %

Aveanna Healthcare stock opened at $5.19 on Friday. The company’s 50-day moving average price is $4.56 and its 200-day moving average price is $4.96. Aveanna Healthcare has a twelve month low of $2.11 and a twelve month high of $6.19. The company has a market cap of $1.00 billion, a PE ratio of -15.26 and a beta of 2.25.

Hedge Funds Weigh In On Aveanna Healthcare

Several hedge funds have recently added to or reduced their stakes in AVAH. First Eagle Investment Management LLC bought a new position in Aveanna Healthcare during the 4th quarter valued at about $1,992,000. Jacobs Levy Equity Management Inc. grew its holdings in Aveanna Healthcare by 297.6% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 355,340 shares of the company’s stock valued at $1,848,000 after purchasing an additional 265,969 shares during the last quarter. Millennium Management LLC grew its holdings in Aveanna Healthcare by 105.0% during the 4th quarter. Millennium Management LLC now owns 400,374 shares of the company’s stock valued at $1,830,000 after purchasing an additional 205,023 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new position in Aveanna Healthcare during the 3rd quarter valued at about $817,000. Finally, Swiss National Bank purchased a new stake in Aveanna Healthcare in the 4th quarter valued at about $434,000. 87.96% of the stock is currently owned by institutional investors.

Aveanna Healthcare Company Profile

Aveanna Healthcare Holdings Inc, a diversified home care platform company, provides pediatric and adult healthcare services in the United States. Its patient-centered care delivery platform allows patients to remain in their homes and minimizes the overutilization of high-cost care settings, such as hospitals or skilled nursing facilities.