Analyst Ratings For Insight Enterprises
Portfolio Pulse from Benzinga Insights
Insight Enterprises (NASDAQ:NSIT) has seen varied analyst ratings over the last three months, with recent updates indicating a positive shift in sentiment. The average 12-month price target has been raised to $201.75, reflecting an 11.67% increase from the previous target. Despite a negative revenue trend and a market capitalization below industry benchmarks, Insight Enterprises boasts a strong net margin, ROE, and ROA, outperforming industry standards. Analysts from Stifel, JP Morgan, and Barrington Research have recently adjusted their ratings and price targets, showing confidence in the company's financial health and market position.
April 15, 2024 | 6:00 pm
News sentiment analysis
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POSITIVE IMPACT
Insight Enterprises has received updated analyst ratings and price targets, indicating a positive outlook with an average price target increase to $201.75.
The increase in the average price target to $201.75, along with positive adjustments from analysts, suggests a bullish outlook for NSIT in the short term. Despite the negative revenue trend, the company's strong net margin, ROE, and ROA, coupled with a sound debt management strategy, contribute to this positive sentiment. The recent analyst actions, including raised price targets and maintained or raised ratings, reflect confidence in the company's ability to navigate its financial challenges and capitalize on its strengths.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100