Unveiling 5 Analyst Insights On StepStone Group
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for StepStone Group (NASDAQ:STEP) over the past three months, with a recent trend towards more bullish perspectives. The average 12-month price target has increased to $45.2, reflecting a 12.86% rise from the previous target. Analysts from firms like Evercore ISI, Barclays, Goldman Sachs, and UBS have raised their price targets, indicating positive sentiment. Despite strong revenue growth and a high return on equity, the company faces challenges with net margin and return on assets.
July 15, 2024 | 9:00 pm
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Analysts have shown a mix of bullish and neutral ratings for StepStone Group, with a recent increase in the average 12-month price target to $45.2. This reflects a 12.86% rise from the previous target, indicating positive sentiment. The company has strong revenue growth and a high return on equity but faces challenges with net margin and return on assets.
The increase in the average 12-month price target and the positive sentiment from multiple analysts suggest a likely short-term price increase for StepStone Group. The company's strong revenue growth and high return on equity further support this positive outlook, despite challenges in net margin and return on assets.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100