The Analyst Landscape: 4 Takes On Aspen Technology
Portfolio Pulse from Benzinga Insights
In the latest quarter, Aspen Technology (NASDAQ:AZPN) received mixed analyst ratings, with a total of 4 analysts providing their perspectives. The average 12-month price target for AZPN is $201.75, marking a 6.18% increase from the previous target of $190.00. Analyst actions included maintaining, raising, and announcing ratings with price targets ranging from $196.00 to $213.00. Aspen Technology's financials show challenges, including a -0.6% revenue growth and a net margin of -13.85%, indicating potential difficulties in profitability and cost control.
February 07, 2024 | 7:00 pm
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NEUTRAL IMPACT
Aspen Technology received mixed analyst ratings with an updated average 12-month price target of $201.75, indicating a potential upside. However, financial challenges such as negative revenue growth and low profitability metrics may concern investors.
The mixed analyst ratings with a higher average price target suggest a cautiously optimistic outlook for AZPN. However, the financial challenges highlighted, including negative revenue growth and low profitability metrics, could dampen investor enthusiasm in the short term. The balance between the positive analyst outlook and the concerning financial performance leads to a neutral short-term impact score.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100