The Latest Analyst Ratings for Nkarta
Portfolio Pulse from Benzinga Insights
Nkarta (NASDAQ:NKTX) received 5 bullish analyst ratings in the last quarter with no bearish or neutral ratings. The average 12-month price target among these analysts is $12.00, with a high of $15.00 and a low of $9.00. This target represents an 18.2% decrease from the previous target of $14.67. Analysts typically review stocks quarterly or after major company updates, considering factors like future earnings and revenue potential.
November 16, 2023 | 6:00 pm
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NEUTRAL IMPACT
Nkarta has received 5 bullish ratings from analysts with an average price target of $12, which is an 18.2% decrease from the previous target of $14.67.
While the analyst ratings are bullish, the decrease in the average price target suggests a tempered outlook on the stock's future performance. This could lead to a neutral short-term impact as the market digests the positive ratings against the lower price target.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100