Cracking The Code: Understanding Analyst Reviews For GMS
Portfolio Pulse from Benzinga Insights
Analysts' ratings for GMS (NYSE:GMS) over the last quarter show a range of sentiments from bullish to bearish. The average 12-month price target has decreased by 11.16% to $89.2. Recent analyst actions include lowering ratings and price targets, reflecting cautious market sentiment.
June 21, 2024 | 7:00 pm
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NEGATIVE IMPACT
Analysts have shown mixed sentiments for GMS over the last quarter, with a decrease in the average 12-month price target by 11.16% to $89.2. Recent actions include lowering ratings and price targets, indicating cautious market sentiment.
The decrease in the average 12-month price target and the lowering of ratings by multiple analysts suggest a cautious outlook for GMS. This could lead to a short-term negative impact on the stock price as investors react to the revised expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100