Where Ansys Stands With Analysts
Portfolio Pulse from Benzinga Insights
Ansys (NASDAQ:ANSS) has received mixed analyst ratings in the last quarter, with an average price target of $309.25, which is 8.25% higher than the current price of $285.65. This target is a 10.75% decrease from the previous target of $346.50. Analysts' ratings are a mix of bullish, somewhat bullish, indifferent, and somewhat bearish, with no bearish ratings. These ratings are based on information from company calls, financial statements, and insider conversations.

November 14, 2023 | 1:00 pm
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Ansys has a new average analyst price target of $309.25, which is 8.25% higher than its current price, despite a 10.75% decrease from the previous target. The mixed ratings indicate uncertainty but a potential upside based on analyst insights.
The average price target suggests analysts see some upside potential for Ansys, despite the recent decrease in the target. The mixed ratings reflect a cautious optimism, which could lead to a positive short-term impact on the stock price as investors may interpret the upside as a buying opportunity. However, the presence of indifferent and somewhat bearish ratings, along with the lowered target, indicates that there are some concerns that could temper the stock's upward movement.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100