9 Analysts Have This to Say About 8x8
Portfolio Pulse from Benzinga Insights
In the last quarter, 8x8 (NASDAQ:EGHT) received 5 bullish, 1 somewhat bullish, 2 indifferent, and 1 somewhat bearish ratings from 9 analysts. The average 12-month price target for the stock is $5.56, up 11.87% from the previous average of $4.97.
May 19, 2023 | 6:02 pm
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POSITIVE IMPACT
8x8 (NASDAQ:EGHT) received mostly bullish ratings from 9 analysts, with an average 12-month price target of $5.56, up 11.87% from the previous average.
The majority of the 9 analysts covering 8x8 (NASDAQ:EGHT) have given bullish or somewhat bullish ratings, indicating a positive outlook for the stock. The average 12-month price target has increased by 11.87% from the previous average, suggesting that analysts are becoming more optimistic about the company's future performance. This could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100