What 7 Analyst Ratings Have To Say About 8x8
Portfolio Pulse from Benzinga Insights
Over the last quarter, 8x8 (NASDAQ:EGHT) has received 5 bullish and 2 indifferent analyst ratings. The company's average 12-month price target is $4.96, a 20.64% decrease from the previous average price target of $6.25.
September 20, 2023 | 6:00 pm
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8x8 has received mostly bullish ratings from analysts, but the average 12-month price target has decreased by 20.64%.
The majority of analyst ratings for 8x8 are bullish, indicating a positive outlook for the company. However, the decrease in the average 12-month price target suggests that analysts expect the stock price to decrease in the future. This could potentially impact the stock's performance in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100