Where Cabot Stands With Analysts
Portfolio Pulse from Benzinga Insights
Analysts have provided various ratings for Cabot (NYSE:CBT) within the last quarter, with 2 bullish, 1 somewhat bullish, and 1 indifferent. The average price target is $86.25, implying an upside from the current price of $69.34. However, this average has decreased by 7.51% from the previous average price target of $93.25.
August 08, 2023 | 1:00 pm
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Analysts have a mixed view on Cabot with an average price target of $86.25, indicating potential upside from the current price. However, the average target has decreased by 7.51% from the previous one.
The mixed analyst ratings indicate uncertainty about the company's future performance. The decrease in the average price target could suggest that analysts are less optimistic about the company's growth potential, which could impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100