Where Endava Stands With Analysts
Portfolio Pulse from Benzinga Insights
Endava (NYSE:DAVA) has been analyzed by 13 analysts over the past three months, showing a range of perspectives from bullish to bearish. The average 12-month price target has decreased by 31.22% to $48.23. Recent analyst actions include several downgrades and lowered price targets.
May 23, 2024 | 8:01 pm
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NEGATIVE IMPACT
Endava has received mixed analyst ratings over the past three months, with a notable decrease in the average 12-month price target by 31.22% to $48.23. Several analysts have downgraded their ratings and lowered their price targets, reflecting cautious sentiment.
The significant decrease in the average price target and multiple downgrades by analysts indicate a bearish outlook for Endava in the short term. This suggests that investors may see a decline in the stock price as market sentiment turns cautious.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100