Analyst Scoreboard: 4 Ratings For Alight
Portfolio Pulse from Benzinga Insights
Analysts have provided 4 ratings for Alight (NYSE:ALIT) over the last three months, with a mix of bullish and somewhat bullish opinions. The average 12-month price target is $11.75, with a recent decrease of 2.08%. Daniel Ives of Wedbush and Kyle Peterson of Needham maintain positive outlooks, while Kevin Mcveigh of UBS has a lower target. Alight's financial performance shows strong revenue growth but below-average profitability and returns. The company has a lower debt-to-equity ratio compared to the industry, indicating less reliance on debt.
December 28, 2023 | 1:01 pm
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NEUTRAL IMPACT
Alight has received mixed analyst ratings with a slight decrease in the average price target. The company shows strong revenue growth but faces profitability and return on equity challenges.
The mixed analyst ratings and slight decrease in price target suggest a neutral short-term impact on ALIT's stock price. Strong revenue growth is a positive sign, but concerns about profitability and returns may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100