Analyst Expectations for Phillips Edison's Future
Portfolio Pulse from Benzinga Insights
Phillips Edison (NASDAQ:PECO) has received 3 indifferent and 2 somewhat bearish analyst ratings in the last quarter, with no bullish sentiment. The average analyst price target is $35.6, which is below the current price of $37.25, suggesting a potential downside. This target is a slight decrease from the previous target of $35.75.
December 15, 2023 | 7:00 pm
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NEGATIVE IMPACT
Phillips Edison has an average analyst price target of $35.6, indicating a potential downside from the current price of $37.25, with a recent decrease in target from $35.75.
The average price target provided by analysts suggests a downside potential for PECO, which could lead to a negative short-term impact on the stock price. The lack of bullish ratings further supports the likelihood of a downward movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100