4 Analysts Have This To Say About Altair Engineering
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Altair Engineering (NASDAQ:ALTR) over the past three months, with a recent average 12-month price target of $92.75. The company's financial performance shows strong revenue growth but challenges in profitability and asset utilization.
July 15, 2024 | 1:01 pm
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Altair Engineering has received mixed analyst ratings with a recent average price target of $92.75. The company shows strong revenue growth but faces challenges in profitability and asset utilization.
The mixed analyst ratings and slight increase in the average price target suggest a neutral short-term impact on ALTR's stock price. The company's strong revenue growth is a positive, but challenges in profitability and asset utilization may offset this.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100