Where Farfetch Stands With Analysts
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 10 analysts have published their opinion on Farfetch (NYSE:FTCH) stock. The company has an average price target of $5.18, a decrease of 46.43% from the previous average price target of $9.67.
September 08, 2023 | 3:01 pm
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NEGATIVE IMPACT
Analysts have lowered their average price target for Farfetch (NYSE:FTCH) by 46.43% to $5.18 over the past 3 months.
The significant decrease in the average price target suggests that analysts have become less optimistic about Farfetch's future performance. This could negatively impact the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100