Analyst Expectations for Root's Future
Portfolio Pulse from Benzinga Insights
Root (NASDAQ:ROOT) has received mixed analyst ratings in the last quarter, with one somewhat bullish rating and three indifferent ratings. The average 12-month price target for Root, according to four analysts, is $11.5, which has increased by 56.89% over the past month.
October 06, 2023 | 7:00 pm
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Root has received mixed analyst ratings, with an average 12-month price target of $11.5, which has increased by 56.89% over the past month.
The mixed analyst ratings indicate uncertainty about the company's future performance. However, the increase in the average price target suggests that analysts are becoming more optimistic about the company's prospects, which could potentially have a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100