The Latest Analyst Ratings For Editas Medicine
Portfolio Pulse from Benzinga Insights
Editas Medicine (NASDAQ:EDIT) has seen a positive shift in analyst ratings over the last three months, with an average 12-month price target now at $14.00, up 27.27% from $11.00. Analysts from Citigroup, Barclays, JP Morgan, and Truist Securities have all raised their price targets, reflecting optimism about the company's future performance. Editas Medicine, a genome editing company, has shown remarkable financial health with a revenue growth rate of 12604.76% as of September 30, 2023, and strong market capitalization, net margin, ROE, and ROA figures.
February 29, 2024 | 5:00 pm
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Editas Medicine has received positive analyst ratings with raised price targets, indicating a bullish outlook. The company's financial health is robust, highlighted by significant revenue growth and strong performance metrics.
The positive shift in analyst ratings and raised price targets for Editas Medicine reflect growing optimism about the company's future performance. The significant revenue growth and strong financial metrics further support a bullish outlook for EDIT in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100