Where PowerFleet Stands With Analysts
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 4 analysts have published their opinion on PowerFleet (NASDAQ:PWFL) stock. The analysts have an average price target of $6.75 versus the current price of PowerFleet at $1.98, implying upside. This current average has increased by 35.0% from the previous average price target of $5.00.
August 29, 2023 | 1:00 pm
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POSITIVE IMPACT
Analysts predict a significant upside for PowerFleet (NASDAQ:PWFL) with an average price target of $6.75, which is much higher than the current price of $1.98.
The average price target given by analysts is significantly higher than the current price of PowerFleet's stock. This indicates that they believe the stock price will increase in the future, which could lead to positive returns for investors. The increase in the average price target from the previous one also shows growing confidence in the company's prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100