What 4 Analyst Ratings Have To Say About Nyxoah
Portfolio Pulse from Benzinga Insights
Over the last quarter, Nyxoah (NASDAQ:NYXH) has received four analyst ratings, all of which were either bullish or somewhat bullish. The average 12-month price target for the company is $13.5, representing an 11.94% decrease from the previous average price target of $15.33.
July 31, 2023 | 9:23 pm
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NEUTRAL IMPACT
Nyxoah has received positive analyst ratings, which could boost investor confidence. However, the decrease in the average price target could potentially have a negative impact on the stock price.
Analyst ratings can influence investor sentiment and thus the stock price. While the positive ratings are a good sign, the decrease in the average price target suggests that analysts expect the stock price to decrease, which could potentially have a negative impact on the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100