Expert Outlook: Root Through The Eyes Of 7 Analysts
Portfolio Pulse from Benzinga Insights
7 analysts have shared their evaluations of Root (NASDAQ:ROOT) over the past three months, showing a mix of bullish and bearish perspectives. The average 12-month price target has risen to $64.0, with a high estimate of $90.00 and a low estimate of $15.00. Analysts have raised their ratings and price targets, reflecting positive sentiment towards Root's recent performance.
June 05, 2024 | 6:00 pm
News sentiment analysis
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Analysts have shown a mix of bullish and bearish perspectives on Root (NASDAQ:ROOT) over the past three months. The average 12-month price target has increased to $64.0, with a high estimate of $90.00 and a low estimate of $15.00. Recent ratings and price targets have been raised, reflecting positive sentiment towards Root's recent performance.
The increase in the average 12-month price target and the raising of ratings and price targets by multiple analysts indicate a positive short-term outlook for Root. This suggests that analysts have a favorable view of the company's recent performance and future prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100