5 Analysts Have This to Say About Model N
Portfolio Pulse from Benzinga Insights
Model N (NYSE:MODN) has received 5 analyst ratings in the last quarter, with 3 being bullish, 1 somewhat bullish, and 1 indifferent. The average price target is $35.4, representing potential upside from the current price of $21.64. This target is a 9.23% decrease from the previous target of $39.00. Analyst ratings are opinions on stock performance based on financial analysis and are updated typically once a quarter.
November 13, 2023 | 6:00 pm
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POSITIVE IMPACT
Model N has a positive outlook from analysts with an average price target of $35.4, suggesting a significant upside from the current price of $21.64.
The positive analyst ratings and the potential upside implied by the average price target suggest that investor sentiment is likely to be optimistic in the short term. The decrease in the average price target may slightly temper expectations, but the overall positive ratings outweigh this factor.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100