What 4 Analyst Ratings Have To Say About Dolby Laboratories
Portfolio Pulse from Benzinga Insights
Dolby Laboratories (NYSE:DLB) has received diverse analyst ratings over the past three months, with a mix of bullish and somewhat bullish sentiments. The average 12-month price target is $98.5, with a high of $100.00 and a low of $98.00. Despite a recent decline in revenue, Dolby maintains strong net margins and effective asset utilization.
June 07, 2024 | 1:00 pm
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Dolby Laboratories has received mixed analyst ratings, with a majority being bullish. The average 12-month price target is $98.5, slightly up from the previous $98.00. Despite a recent revenue decline, Dolby's strong net margins and effective asset utilization are positive indicators.
The majority of analysts are bullish on Dolby Laboratories, with a slight increase in the average price target. Despite a recent revenue decline, the company's strong net margins and effective asset utilization are likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100