The Latest Analyst Ratings for Endava
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 6 Wall Street analysts have provided ratings for Endava (NYSE:DAVA), with an average price target of $71.33, which is a 5.52% decrease from the previous target of $75.50. The current price of Endava is $60.9, suggesting an implied upside. The ratings consist of 2 bullish and 4 somewhat bullish, with no indifferent, somewhat bearish, or bearish ratings. Analysts' opinions can provide guidance but are subjective and should be considered as part of a broader investment strategy.
November 16, 2023 | 2:00 pm
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POSITIVE IMPACT
Endava has received positive ratings from analysts, with an average price target of $71.33, representing an upside from its current price of $60.9. The recent decrease in the average price target may reflect a tempered but still positive outlook.
The unanimous somewhat bullish to bullish ratings from analysts indicate a positive sentiment towards Endava's stock, which could lead to increased investor confidence and a potential rise in the stock price in the short term. However, the decrease in the average price target suggests that while the outlook remains positive, expectations may have been slightly adjusted due to new information or market conditions.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100