The Latest Analyst Ratings for Adtran
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 6 analysts have published their opinion on Adtran (NASDAQ:ADTN) stock, all of them being bullish. The average price target is $13.5, implying an upside from the current price of $7.35. This average represents a 28.95% decrease from the previous average price target of $19.00.
August 09, 2023 | 2:00 pm
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POSITIVE IMPACT
Analysts are bullish on Adtran (NASDAQ:ADTN) with an average price target of $13.5, implying an upside from the current price of $7.35.
The unanimous bullish sentiment from analysts indicates a positive outlook for Adtran's stock. The average price target suggests a significant upside from the current price, which could attract investors and potentially drive the stock price up in the short term. However, the decrease in the average price target from the previous one indicates some caution.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100