Where i3 Verticals Stands With Analysts
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 4 Wall Street analysts have provided their opinions on i3 Verticals (NASDAQ:IIIV), with 3 giving somewhat bullish and 1 indifferent ratings. The average 12-month price target for IIIV is $26.0, with a high of $32.00 and a low of $23.00. This target has increased by 2.65% over the past month. Analysts rate stocks based on company financials, meetings, and insider communications, typically quarterly or after major updates.
November 17, 2023 | 2:00 pm
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POSITIVE IMPACT
i3 Verticals has received mostly positive ratings from analysts, with an average price target suggesting a potential upside. The recent increase in the target price indicates a positive sentiment shift.
The predominance of somewhat bullish ratings and the recent increase in the average price target suggest that analysts see potential in i3 Verticals' stock performance in the short term. This positive sentiment is likely to influence investor perception and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100