The Latest Analyst Ratings for Cathay General
Portfolio Pulse from Benzinga Insights
Cathay General (NASDAQ:CATY) has received one somewhat bullish and three indifferent analyst ratings in the last quarter. The average 12-month price target for the stock is $37.5, representing a 10.18% decrease from the previous average price target of $41.75.
June 29, 2023 | 5:00 pm
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Cathay General has received mixed analyst ratings and a lower average price target, which could impact investor sentiment.
Analyst ratings can significantly influence investor sentiment and stock prices. The somewhat bullish to indifferent ratings and the decrease in the average price target suggest a potential negative impact on Cathay General's stock in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100