Where Qiagen Stands With Analysts
Portfolio Pulse from Benzinga Insights
Over the past quarter, Qiagen (NYSE:QGEN) has received 4 analyst ratings: 1 bullish, 2 somewhat bullish, and 1 indifferent. The average price target is $50.5, representing an upside from the current price of $41.92. This target is a 7.05% decrease from the previous target of $54.33. Analysts rate stocks typically once per quarter and may adjust their forecasts based on various factors.
December 07, 2023 | 4:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Qiagen has an average analyst price target of $50.5, above its current price, with a mix of bullish and indifferent ratings. The target reflects a decrease from the previous $54.33 target.
The average price target suggests analysts see potential for growth in QGEN's stock price, which could lead to a positive short-term impact. However, the decrease from the previous target may temper expectations. The ratings are a mix, indicating a general but not unanimous optimism. The confidence level is high due to the direct correlation between analyst ratings and stock price movements, but not at 100% due to the inherent unpredictability of market reactions.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100