Analyst Expectations for Grid Dynamics Holdings's Future
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 5 analysts have published their opinion on Grid Dynamics Holdings (NASDAQ:GDYN) stock. The company has an average price target of $15.2, a decrease of 18.28% from the previous average price target of $18.60. The majority of the ratings are bullish.
July 20, 2023 | 6:00 pm
News sentiment analysis
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POSITIVE IMPACT
Analysts have a generally bullish outlook on Grid Dynamics Holdings, despite a decrease in the average price target. This could indicate a positive short-term impact on the stock.
The bullish outlook from analysts indicates a positive sentiment towards the company, which could drive the stock price up in the short term. However, the decrease in the average price target could indicate some caution, which is why the importance score is not at the maximum.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100