11 Analysts Have This to Say About Magnite
Portfolio Pulse from Benzinga Insights
In the last quarter, Magnite (NASDAQ:MGNI) received 9 bullish and 2 somewhat bullish ratings from 11 analysts. The average 12-month price target for the stock is $15.27, up 13.11% from the previous average of $13.50.
May 22, 2023 | 12:12 pm
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POSITIVE IMPACT
Magnite received 9 bullish and 2 somewhat bullish ratings from 11 analysts, with an average 12-month price target of $15.27, up 13.11% from the previous average.
The majority of analysts have a bullish or somewhat bullish outlook on Magnite, indicating a positive sentiment towards the stock. The increase in the average 12-month price target by 13.11% also suggests that analysts expect the stock to perform well in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100