What 11 Analyst Ratings Have To Say About Wolfspeed
Portfolio Pulse from Benzinga Insights
In the last quarter, Wolfspeed (NYSE:WOLF) received various analyst ratings, with 4 being bullish, 2 somewhat bullish, 3 indifferent, and 2 somewhat bearish. The company's average 12-month price target is $54.73, a decrease of 15.68% from the previous average of $64.91.
October 10, 2023 | 8:00 pm
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NEUTRAL IMPACT
Wolfspeed has received mixed analyst ratings in the last quarter, with the average 12-month price target decreasing by 15.68% to $54.73.
The mixed analyst ratings indicate uncertainty about the company's future performance. The decrease in the average 12-month price target suggests that analysts have lowered their expectations for the stock, which could potentially impact investor sentiment and the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100