Analyst Expectations for Nyxoah's Future
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 4 Wall Street analysts have provided ratings for Nyxoah (NASDAQ:NYXH), with 2 giving a bullish and 2 somewhat bullish outlook. The average price target is $11.5, representing significant upside from the current price of $4.75. This target is an 8.0% decrease from the previous target of $12.50. Analyst ratings are based on company data, financial statements, and insider information, and are intended to predict stock performance.
December 11, 2023 | 6:00 pm
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POSITIVE IMPACT
Analysts have a positive outlook on Nyxoah with an average price target of $11.5, indicating a potential upside from the current price of $4.75. The target has decreased by 8.0% from the previous $12.50.
The unanimous positive ratings from analysts suggest a strong bullish sentiment towards NYXH, which could lead to increased investor confidence and a potential rise in the stock price in the short term. However, the decrease in the average price target may temper expectations slightly.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100