Expert Ratings for Accolade
Portfolio Pulse from Benzinga Insights
Accolade (NASDAQ:ACCD) has received 7 analyst ratings in the last quarter, with 4 being bullish and 3 somewhat bullish. There have been no indifferent, somewhat bearish, or bearish ratings. The average price target is $15.43, which is significantly higher than the current price of $8.04, suggesting a potential upside. However, this target has decreased by 5.05% from the previous target of $16.25.
November 22, 2023 | 6:00 pm
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POSITIVE IMPACT
Accolade has a strong analyst backing with 7 positive ratings and no negative ones. The average price target suggests a significant upside from the current trading price, although it has been slightly reduced from the previous target.
The unanimous positive ratings from analysts and the substantial difference between the current price and the target price suggest a strong potential for short-term price increase. The slight decrease in the target price may temper expectations but does not significantly detract from the overall positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100