The Latest Analyst Ratings for Sovos Brands
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 9 analysts have published their opinion on Sovos Brands (NASDAQ:SOVO) stock, with 4 bullish and 5 somewhat bullish ratings. The company has an average 12-month price target of $21.39, up 13.6% from the previous average of $18.83.
June 23, 2023 | 3:01 pm
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POSITIVE IMPACT
Sovos Brands has received 9 analyst ratings in the past 3 months, with 4 bullish and 5 somewhat bullish ratings. The average 12-month price target is $21.39, up 13.6% from the previous average.
The positive analyst ratings and the increase in the average 12-month price target suggest that the stock is likely to perform well in the short term. The bullish sentiment from analysts indicates that they believe the company's business prospects are strong, which could lead to an increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100