Analyst Ratings For Envestnet
Portfolio Pulse from Benzinga Insights
Analyst ratings for Envestnet (NYSE:ENV) show a mix of opinions, with recent adjustments to ratings and price targets. The average 12-month price target is now $62.83, down from $69.33. Analysts from Raymond James, JMP Securities, UBS, and RBC Capital have made changes to their ratings and price targets, reflecting their views on the company's performance and market conditions. Envestnet's financial overview indicates strong market position, revenue growth, and financial health, with a market capitalization above industry average and a net margin of 2.24%.
January 03, 2024 | 1:01 pm
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Analysts have mixed opinions on Envestnet, with recent changes to ratings and price targets. The average 12-month price target has decreased, which may influence investor sentiment and stock price in the short term.
The decrease in the average price target for Envestnet suggests that analysts are becoming more cautious about the company's future performance. This could lead to negative investor sentiment and potentially a decrease in the stock price in the short term. The high relevance score is due to the direct mention of the company and its stock symbol, while the importance score reflects the significance of analyst ratings on investor decisions. The confidence score is high as the analysis is based on the reported changes in analyst ratings and price targets.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100