Reported 2 days ago
B. Riley's analyst Erik Suppiger has maintained a Buy rating for AvePoint (AVPT) with a price target of $25, citing the company's strong position as a SaaS provider of data management solutions, particularly within Microsoft 365 environments. As artificial intelligence increasingly drives the industry, demand for reliable data protection is expected to grow, benefiting AvePoint. The company showcases consistent profitability and a solid financial position, aiming to achieve the 'Rule of 40' by 2025, indicating strong growth and profitability potential.
Source: YAHOO