The Latest Analyst Ratings for Local Bounti
Portfolio Pulse from Benzinga Insights
Analysts have provided 5 ratings for Local Bounti (NYSE:LOCL) within the last quarter, with an average price target of $2.8, implying upside from the current price of $0.43. This represents a 70.89% decrease from the previous average price target of $9.62.
May 26, 2023 | 4:03 pm
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POSITIVE IMPACT
Local Bounti (NYSE:LOCL) has received 5 analyst ratings within the last quarter, with an average price target of $2.8, implying upside from the current price of $0.43.
The average price target of $2.8 for Local Bounti (NYSE:LOCL) implies an upside from the current price of $0.43. With 5 analysts providing ratings, the stock has a strong consensus. The positive ratings indicate that analysts are bullish on the stock, which could lead to a short-term increase in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100