Analyst Ratings for Concentrix
Portfolio Pulse from Benzinga Insights
In the last quarter, Concentrix (NASDAQ:CNXC) received 1 bullish, 2 somewhat bullish, and 1 indifferent rating from analysts. The company's average 12-month price target is $127.0, a decrease of 23.03% from the previous average of $165.00.
June 29, 2023 | 9:01 pm
News sentiment analysis
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NEUTRAL IMPACT
Concentrix received mixed analyst ratings in the last quarter, with an average 12-month price target of $127.0, down 23.03% from the previous average.
The mixed analyst ratings indicate uncertainty about the company's future performance. The decrease in the average price target could potentially impact the stock price negatively in the short term, but the presence of bullish ratings also suggests some positive sentiment. Therefore, the short term impact is neutral.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100