Where Sonendo Stands With Analysts
Portfolio Pulse from Benzinga Insights
Over the last quarter, Sonendo (NYSE:SONX) received 3 bullish and 2 indifferent ratings from analysts. The average 12-month price target for SONX is $1.8, with a high of $4.60 and a low of $0.40. This target has decreased by 28% from the previous target of $2.50. Analysts rate stocks based on future earnings potential and company risk profile, typically updating their ratings quarterly or after significant company events.
November 10, 2023 | 9:00 pm
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NEGATIVE IMPACT
Sonendo received 3 bullish and 2 indifferent ratings from analysts, with an average price target of $1.8, down from $2.50. This suggests a cautious outlook from analysts.
The decrease in the average price target for SONX indicates that analysts have become more cautious about the company's future performance. This could lead to a negative short-term impact on the stock price as investors adjust their expectations.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100