4 Analysts Have This to Say About Avid Technology
Portfolio Pulse from Benzinga Insights
Four analysts have given indifferent ratings to Avid Technology (NASDAQ:AVID) in the last quarter. The average 12-month price target for the company is $27.02, representing a 7.88% decrease from the previous average price target of $29.33.
August 15, 2023 | 3:01 pm
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NEUTRAL IMPACT
Avid Technology has received indifferent ratings from four analysts in the last quarter. The average 12-month price target is $27.02, a 7.88% decrease from the previous target.
The indifferent ratings from analysts suggest that they do not see any significant short-term price movement for Avid Technology. The decrease in the average price target could potentially indicate a bearish sentiment, but the lack of bullish or bearish ratings makes the impact on the stock price uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100