11 Analysts Have This to Say About Sovos Brands
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 11 analysts have published their opinions on Sovos Brands (NASDAQ:SOVO) stock, with 4 bullish and 7 somewhat bullish ratings. The average 12-month price target is $20.14, with a high of $24.00 and a low of $17.00. The average price target has increased by 10.36% over the past month.
May 31, 2023 | 8:03 pm
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11 analysts have rated Sovos Brands (NASDAQ:SOVO) stock, with a majority being bullish or somewhat bullish. The average 12-month price target is $20.14, up 10.36% over the past month.
The majority of the 11 analysts covering Sovos Brands have a bullish or somewhat bullish outlook on the stock, which indicates a positive sentiment. The average 12-month price target has increased by 10.36% over the past month, suggesting that analysts believe the stock has growth potential in the short term. This positive sentiment and growth potential can lead to an increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100