What Analysts Are Saying About Stem Stock
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Stem Inc. (NYSE:STEM) with a recent decrease in the average 12-month price target by 31.96%. The current average price target is $3.47, with a high of $9.00 and a low of $1.85. Analysts from firms like Susquehanna, UBS, Goldman Sachs, Evercore ISI Group, and BMO Capital have all lowered their price targets.
July 15, 2024 | 4:01 pm
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Stem Inc. has received mixed ratings from analysts, with a notable decrease in the average 12-month price target by 31.96%. The current average price target is $3.47, with a high of $9.00 and a low of $1.85. Analysts from major firms have all lowered their price targets, indicating a negative shift in sentiment.
The decrease in the average price target by 31.96% and the fact that multiple analysts from major firms have lowered their price targets suggest a negative short-term outlook for Stem Inc. This indicates a lack of confidence in the company's near-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100