What 6 Analyst Ratings Have To Say About Snap-on
Portfolio Pulse from Benzinga Insights
In the last quarter, Snap-on (NYSE:SNA) received 3 bullish, 2 somewhat bullish, and 1 indifferent rating from analysts. The company's average 12-month price target is $310.0, an increase of 8.01% from the previous average of $287.00.
July 24, 2023 | 3:02 pm
News sentiment analysis
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POSITIVE IMPACT
Snap-on received mostly positive ratings from analysts, which could boost investor confidence and potentially drive the stock price up in the short term.
Analyst ratings often influence investor sentiment. In this case, the majority of the ratings for Snap-on are bullish or somewhat bullish, which indicates a positive outlook for the company. This could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100