TD Cowen raises Avantor's price target to $31.00, increasing potential upside by 18.64%.

TD Cowen raises Avantor's (NYSE:AVTR) price target from $28.00 to $31.00, representing a potential upside of 18.64% from the previous close. Barclays and Royal Bank of Canada also issued 'overweight' and 'outperform' ratings, respectively, on the stock. The increase follows Avantor's Q2 earnings report, which showed adjusted earnings of 25 cents per share, beating market estimates of 23 cents per share.