Expert Ratings for Gamida Cell
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 4 Wall Street analysts have provided ratings for Gamida Cell (NASDAQ:GMDA), with 2 giving a bullish and 2 a somewhat bullish outlook. No bearish or somewhat bearish ratings were given. The average 12-month price target for GMDA is $4.75, with a high of $6.00 and a low of $2.00. This target is a 40.62% decrease from the previous target of $8.00. Analysts determine ratings by forecasting a company's future earnings and revenue, and the ratings are updated quarterly or after major company events.
December 05, 2023 | 4:01 pm
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POSITIVE IMPACT
Gamida Cell received positive ratings from analysts, with an average price target of $4.75, which is a significant decrease from the previous target of $8.00.
The positive ratings from analysts suggest confidence in Gamida Cell's future performance, which could lead to increased investor interest and a potential rise in the stock price in the short term. However, the significant decrease in the average price target may temper expectations and could indicate underlying concerns about the company's growth prospects.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100