Analyst Ratings for Magnite
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 9 analysts have published their opinion on Magnite (NASDAQ:MGNI) stock. The average price target is $14.94, representing a 17.0% decrease from the previous average price target of $18.00. The majority of the ratings are bullish.
August 14, 2023 | 6:00 pm
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Magnite's stock has received mostly bullish ratings from analysts, but the average price target has decreased by 17.0% to $14.94.
The majority of analysts are bullish on Magnite, indicating a positive outlook for the company. However, the decrease in the average price target suggests that they expect the stock price to decrease in the short term. This could lead to a neutral impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100