Expert Ratings for NanoString Technologies
Portfolio Pulse from Benzinga Insights
NanoString Technologies (NASDAQ:NSTG) has received 5 analyst ratings in the last quarter, with 2 bullish and 3 indifferent. The average 12-month price target among these analysts is $4.53, with a high of $10.00 and a low of $0.75. This target represents a 41.55% decrease from the previous target of $7.75. Analysts' ratings are based on financial statements, company calls, meetings, and insider information.
November 21, 2023 | 1:00 pm
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NanoString Technologies has an average analyst price target of $4.53, a significant decrease from the previous $7.75 target, indicating a bearish sentiment among analysts.
The decrease in the average price target for NSTG suggests that analysts have become more bearish on the stock. This could lead to a negative short-term impact on the stock price as market participants digest the revised expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100