What 4 Analyst Ratings Have To Say About Nano X Imaging
Portfolio Pulse from Benzinga Insights
Over the past quarter, Nano X Imaging (NASDAQ:NNOX) received 4 analyst ratings, with 1 bullish and 3 somewhat bullish. No indifferent, somewhat bearish, or bearish ratings were given. The average 12-month price target for NNOX is $24.62, with a high of $30.00 and a low of $14.50. This average price target represents a 17.93% decrease from the previous target of $30.00. Analysts use various methods to determine their ratings, including financial statements and insider information, but their predictions are not infallible.
November 29, 2023 | 3:00 pm
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NEUTRAL IMPACT
Nano X Imaging received mostly positive ratings from analysts, with an average price target of $24.62, which is lower than the previous target of $30.00.
The mostly positive ratings from analysts suggest confidence in NNOX's prospects, but the lowered price target may indicate some concerns or adjustments in valuation that could lead to short-term uncertainty in the stock's direction.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100