Demystifying Asana: Insights From 8 Analyst Reviews
Portfolio Pulse from Benzinga Insights
Asana (NYSE:ASAN) has been analyzed by 8 analysts over the past three months, showing a range of perspectives from bullish to bearish. The average 12-month price target has decreased by 9.7% to $17.5. Analysts have recently lowered their ratings and price targets, reflecting a negative shift in sentiment.
June 26, 2024 | 8:01 pm
News sentiment analysis
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NEGATIVE IMPACT
Asana has experienced a negative shift in analyst sentiment, with the average 12-month price target decreasing by 9.7% to $17.5. Recent analyst actions have predominantly been to lower ratings and price targets, indicating a cautious outlook.
The decrease in the average price target and the predominance of lowered ratings suggest a negative short-term outlook for Asana. This sentiment is likely to impact the stock price negatively as investors react to the cautious stance of analysts.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100