Piper Sandler Cuts Avidbank (OTC:AVBH) Price Target to $23.00

Avidbank (OTC:AVBH) had its target price dropped by research analysts at Piper Sandler from $24.00 to $23.00 in a report released on Friday, Benzinga reports. The firm presently has an “overweight” rating on the stock. Piper Sandler’s price target suggests a potential upside of 19.54% from the stock’s current price.

Avidbank Price Performance

Shares of AVBH stock remained flat at $19.24 on Friday. 898 shares of the company were exchanged.

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.