What 4 Analyst Ratings Have To Say About TPI Composites
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 4 Wall Street analysts have provided ratings for TPI Composites (NASDAQ:TPIC), with an average price target of $4.75, which is a significant upside from the current price of $2.35. The consensus among these analysts is largely indifferent, with 3 indifferent ratings and 1 somewhat bullish rating. The current average price target represents a 36.67% decrease from the previous target of $7.50. Analysts' ratings are based on company data, financial statements, and insider information.
December 08, 2023 | 8:01 pm
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TPI Composites has an average analyst price target of $4.75, suggesting a potential upside from the current price of $2.35. The majority of analysts are indifferent, with one somewhat bullish, indicating a cautious outlook.
The average price target suggests a significant upside potential for TPIC, which could lead to increased investor interest and a short-term rise in stock price. However, the predominantly indifferent ratings from analysts and the decrease in the average price target may temper investor expectations, leading to a more moderate impact.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100