What Analysts Are Saying About Valneva Stock
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Valneva (NASDAQ:VALN) over the past three months, with a total of 6 bullish ratings. The average 12-month price target has increased to $24.5, reflecting a 5.02% rise from the previous target. Valneva's financial health shows strong profitability and efficient asset utilization, but it faces revenue growth challenges and high debt levels.
May 31, 2024 | 2:01 pm
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Valneva has received 6 bullish ratings from analysts in the past three months. The average 12-month price target has increased to $24.5, indicating a positive outlook. However, the company faces revenue growth challenges and high debt levels.
The increase in the average 12-month price target to $24.5 and the consistent bullish ratings suggest a positive short-term impact on Valneva's stock price. However, the company's revenue growth challenges and high debt levels may temper this optimism.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100