Decoding 5 Analyst Evaluations For Aspen Technology
Portfolio Pulse from Benzinga Insights
In the last three months, 5 analysts have shared their evaluations of Aspen Technology (NASDAQ:AZPN), with a mix of bullish and somewhat bullish outlooks. The average 12-month price target has increased by 5.64% to $221.0. Key analysts have adjusted their ratings and price targets, reflecting their evolving perceptions of the company. Aspen Technology has shown impressive revenue growth but faces challenges in profitability and returns.
June 14, 2024 | 12:00 pm
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Analysts have mixed views on Aspen Technology (NASDAQ:AZPN) with a 5.64% increase in the average 12-month price target to $221.0. The company shows strong revenue growth but faces profitability challenges.
The increase in the average 12-month price target and the majority of analysts being somewhat bullish or bullish indicate a positive short-term outlook. However, the company's challenges in profitability and returns may temper this optimism.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100