Avidbank (OTC:AVBH) PT Lowered to $23.00 at Piper Sandler

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

Avidbank Stock Performance

Shares of OTC AVBH opened at $19.24 on Friday. Avidbank has a 12-month low of $13.25 and a 12-month 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.