Analyst Ratings for Cactus
Portfolio Pulse from Benzinga Insights
Cactus (NYSE:WHD) has received 4 analyst ratings in the last quarter with an average price target of $54.75, which is a 0.45% decrease from the previous target of $55.00. The current price of Cactus is $43.89, suggesting an implied upside. The ratings included 1 somewhat bullish, 2 indifferent, and 1 somewhat bearish. Analysts typically review stocks quarterly or after major company updates, considering financial performance and company risks.
November 14, 2023 | 2:00 pm
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Cactus has an average analyst price target of $54.75, down slightly from $55.00, with a mix of somewhat bullish, indifferent, and somewhat bearish ratings over the last quarter.
The average price target suggests analysts see an upside potential for Cactus, which could lead to a positive short-term impact on the stock price. However, the mixed nature of the ratings and the slight decrease in the target price may temper investor expectations, leading to a moderate impact.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100