4 Analysts Have This to Say About Cathay General
Portfolio Pulse from Benzinga Insights
In the last quarter, Cathay General (NASDAQ:CATY) received one somewhat bullish rating and three indifferent ratings from analysts. The company's average 12-month price target has increased by 7.95% from $37.75 to $40.75, with a high of $45.00 and a low of $38.00.
September 27, 2023 | 6:01 pm
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POSITIVE IMPACT
Cathay General's stock may see some positive movement due to the increased price target and somewhat bullish analyst rating.
Analyst ratings and price targets can significantly influence a stock's performance. In this case, the increased price target and somewhat bullish rating suggest that analysts have a positive outlook on Cathay General, which could lead to an increase in the stock's price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100