The Analyst Verdict: Absci In The Eyes Of 6 Experts
Portfolio Pulse from Benzinga Insights
Six analysts have recently shared their insights on Absci (NASDAQ:ABSI), with a mix of bullish and somewhat bullish ratings. The average 12-month price target for Absci is $8.83, reflecting a 26.14% increase from the previous target. Analysts have maintained or raised their ratings, with price targets ranging from $7.00 to $13.00. Despite revenue challenges and below-average ROE and ROA, Absci's net margin and debt management are strong.
May 15, 2024 | 1:00 pm
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POSITIVE IMPACT
Analysts have a positive outlook on Absci (NASDAQ:ABSI) with an average 12-month price target of $8.83, a 26.14% increase from the previous target. Despite revenue challenges, the company shows strong net margin and effective debt management.
The positive analyst ratings and increased price targets indicate a bullish sentiment towards Absci. The company's strong net margin and effective debt management further support this outlook, despite revenue challenges.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100