Where Morphic Holding Stands With Analysts
Portfolio Pulse from Benzinga Insights
Morphic Holding (NASDAQ:MORF) has received mixed analyst ratings in the last quarter, with 1 bullish, 1 somewhat bullish, and 2 indifferent ratings. The average price target is $55.25, indicating potential upside from the current price of $22.82. However, this average has decreased by 29.77% from the previous average price target of $78.67.
September 28, 2023 | 1:00 pm
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Morphic Holding has received mixed analyst ratings, with an average price target of $55.25, indicating potential upside.
The mixed analyst ratings indicate uncertainty about the company's performance. However, the average price target is significantly higher than the current price, suggesting potential upside. The decrease in the average price target could indicate lowered expectations, but it is still well above the current price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100