Where Phreesia Stands With Analysts
Portfolio Pulse from Benzinga Insights
Phreesia (NYSE:PHR) has received ratings from analysts within the last quarter, with 1 bullish, 4 somewhat bullish, and no indifferent, somewhat bearish, or bearish ratings. The average price target is $32.4, representing an upside from the current price of $17.0. This is a 20.0% decrease from the previous average price target of $40.50. Analysts rate stocks typically once per quarter and provide guidance which investors should use with caution as they are opinions.
December 06, 2023 | 2:00 pm
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POSITIVE IMPACT
Phreesia has a majority of somewhat bullish ratings and a current average price target of $32.4, which is significantly higher than its current price of $17.0.
The positive analyst ratings and the higher price target compared to the current stock price suggest that analysts expect the stock to perform well in the short term. However, the decrease in the average price target from $40.50 to $32.4 indicates some caution, which may temper the short-term impact.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100