Demystifying Dragonfly Energy Hldgs: Insights From 5 Analyst Reviews
Portfolio Pulse from Benzinga Insights
In the last three months, 5 analysts have published ratings on Dragonfly Energy Hldgs (NASDAQ:DFLI), with all ratings being bullish. The average 12-month price target has increased to $1.62 from $1.54. Analysts have raised their price targets, reflecting positive sentiment despite the company's recent revenue decline and high debt-to-equity ratio.
May 16, 2024 | 2:01 pm
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POSITIVE IMPACT
Dragonfly Energy Hldgs (NASDAQ:DFLI) has received 5 bullish ratings from analysts in the last three months, with an average price target increase to $1.62. This reflects positive sentiment despite a recent revenue decline and high debt-to-equity ratio.
The unanimous bullish ratings from analysts and the increase in the average price target indicate strong positive sentiment towards DFLI. This is likely to drive short-term price appreciation despite the company's recent revenue decline and high debt-to-equity ratio.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100