What 6 Analyst Ratings Have To Say About Stem
Portfolio Pulse from Benzinga Insights
Stem (NYSE:STEM) has received 2 bullish, 3 somewhat bullish, and 1 somewhat bearish analyst ratings in the last quarter. The average 12-month price target for the stock is $10.25, down 29.79% from the previous average of $14.60.
May 24, 2023 | 1:02 pm
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Stem has mixed analyst ratings with an average 12-month price target of $10.25, down 29.79% from the previous average.
The mixed analyst ratings for Stem indicate uncertainty in the stock's short-term performance. The decrease in the average price target suggests that analysts have become less optimistic about the stock's potential. However, the presence of both bullish and somewhat bullish ratings indicates that there is still some positive sentiment surrounding the stock. As a result, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100