Avidbank (OTC:AVBH) Price Target Cut to $23.00 by Analysts at Piper Sandler

Avidbank (OTC:AVBH) had its price target dropped by investment analysts at Piper Sandler from $24.00 to $23.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Piper Sandler’s price objective points to a potential upside of 19.54% from the company’s current price.

Avidbank Stock Up ∞

Shares of Avidbank stock opened at $19.24 on Friday. Avidbank has a 1-year low of $13.25 and a 1-year high of $22.00.

About Avidbank

Avidbank Holdings, Inc operates as a bank holding company for Avidbank that provides financial products and services to businesses and individuals in the Santa Clara, San Mateo, and San Francisco counties. The company offers business and personal deposit products, such as checking, money market, and savings accounts; and certificates of deposit.