Forecasting The Future: 4 Analyst Projections For NexPoint Residential
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for NexPoint Residential (NYSE:NXRT) over the past three months, with all ratings being 'Indifferent'. The 12-month price targets range from $34.00 to $38.00, with an average of $36.0. Key analysts from Truist Securities and Deutsche Bank have maintained or adjusted their 'Hold' ratings, reflecting their cautious outlook on the stock.
June 24, 2024 | 1:00 pm
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NexPoint Residential (NYSE:NXRT) has received mixed analyst ratings over the past three months, all being 'Indifferent'. The 12-month price targets range from $34.00 to $38.00, with an average of $36.0. Analysts from Truist Securities and Deutsche Bank have maintained or adjusted their 'Hold' ratings, indicating a cautious outlook.
The mixed 'Indifferent' ratings and stable price targets suggest that analysts are cautious about NexPoint Residential's short-term performance. The lack of bullish or bearish ratings indicates a neutral sentiment, which is likely to result in minimal short-term price movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100