7 Analysts Have This to Say About Laboratory Corp
Portfolio Pulse from Benzinga Insights
7 Wall Street analysts have provided ratings for Laboratory Corp (NYSE:LH) over the past 3 months, with an average 12-month price target of $242.14, a decrease from the previous target of $251.25. The ratings include 4 bullish, 2 somewhat bullish, and 1 indifferent. No bearish ratings were reported. The high price target is $270.00 and the low is $210.00.
November 17, 2023 | 4:00 pm
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POSITIVE IMPACT
Laboratory Corp (NYSE:LH) has a majority of bullish ratings from analysts and a slight decrease in the average price target over the last 3 months, suggesting a cautiously optimistic outlook.
The majority of analysts have a bullish or somewhat bullish stance on Laboratory Corp, indicating a positive sentiment towards the stock. The slight decrease in the average price target may reflect a conservative adjustment rather than a negative outlook. As there are no bearish ratings, the short-term impact on the stock is likely to be positive, but investors should consider that analyst ratings are not infallible and are subject to change.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100