Expert Ratings for Rent the Runway
Portfolio Pulse from Benzinga Insights
Rent the Runway (NASDAQ:RENT) has received five somewhat bullish ratings, one indifferent rating, and no bearish ratings from analysts in the last quarter. The average 12-month price target for the stock is $4.75, representing a 40.62% decrease from the previous average price target of $8.00.
September 05, 2023 | 1:00 pm
News sentiment analysis
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NEUTRAL IMPACT
Rent the Runway has received somewhat bullish ratings from analysts, but the average 12-month price target has decreased significantly.
The somewhat bullish ratings indicate that analysts have a positive outlook on Rent the Runway. However, the significant decrease in the average 12-month price target could indicate a potential downside, leading to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100