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Why Aveanna Healthcare Stock Got Sick Again Today

TheMotleyFool

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Why Aveanna Healthcare Stock Got Sick Again TodayPhoto, wide shot, wide-angle lens, Mental health care service, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/7ce3b930-5e2a-4215-b686-0ad0eb0b922a.png

To put it mildly, Aveanna Healthcare Holdings (NASDAQ: AVAH) has not been having a good week.

Two days after whiffing on its latest quarterly results, the company was stung on Thursday by the latest in a string of analyst price target downgrades. As a result, its share price tumbled by nearly 10% on the day.

The latest analyst to ding Aveanna stock is RBC Capital's Frank Morgan. Friday morning, he took a big pair of shears to his price target, cutting it to $9 per share from the previous $16.

Source Fool.com

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