Evaluating SMART Glb Hldgs: Insights From 5 Financial Analysts
Portfolio Pulse from Benzinga Insights
5 analysts have evaluated SMART Global Holdings (NASDAQ: SGH) over the past three months, with all ratings being bullish. The average 12-month price target is $28.7, with a high of $35.00 and a low of $27.00. Recent analyst actions include maintaining and raising buy ratings, reflecting positive sentiment despite a recent revenue decline.
June 27, 2024 | 1:00 pm
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5 analysts have given bullish ratings to SMART Global Holdings (NASDAQ: SGH) over the past three months. The average 12-month price target is $28.7, with recent actions including maintaining and raising buy ratings. Despite a recent revenue decline, analysts remain positive.
The unanimous bullish ratings from analysts and the increase in the average price target to $28.7 indicate strong positive sentiment towards SGH. Despite a recent revenue decline, the maintained and raised buy ratings suggest confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100