Expert Ratings for Synlogic
Portfolio Pulse from Benzinga Insights
Synlogic (NASDAQ:SYBX) has received six bullish analyst ratings in the last quarter, with no bearish or indifferent ratings. The average 12-month price target for the stock, according to these analysts, is $5.17, representing a 6.0% decrease from the previous average price target of $5.50.
August 11, 2023 | 5:00 pm
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NEUTRAL IMPACT
Synlogic has received positive analyst ratings, which could potentially boost investor confidence and the stock price in the short term. However, the decrease in the average price target might have a negative impact.
Analyst ratings often influence investor sentiment and can impact stock prices. The six bullish ratings for Synlogic indicate a positive outlook, which could potentially drive the stock price up. However, the decrease in the average price target from $5.50 to $5.17 might be seen as a negative signal, potentially putting downward pressure on the stock.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100