Analyst Expectations for Mesoblast's Future
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Mesoblast (NASDAQ:MESO) in the last quarter, with 2 somewhat bullish, 1 indifferent, and 1 bearish. The company has an average 12-month price target of $9.38, representing a 12.09% decrease from the previous average price target of $10.67.
September 21, 2023 | 1:00 pm
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NEUTRAL IMPACT
Mixed analyst ratings and a lower average price target could lead to uncertainty and potential short-term volatility for Mesoblast's stock.
The mixed analyst ratings indicate differing opinions on the company's future performance, which could lead to uncertainty among investors. Additionally, the decrease in the average price target suggests that analysts have lowered their expectations for the stock, which could negatively impact investor sentiment and cause short-term price volatility.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100