Peeling Back The Layers: Exploring PAR Technology Through Analyst Insights
Portfolio Pulse from Benzinga Insights
In the last three months, 6 analysts have published ratings on PAR Technology (NYSE:PAR), with a range of perspectives from bullish to bearish. The average 12-month price target has increased by 11% to $56.83. Analysts from firms like Goldman Sachs, Stephens & Co., Benchmark, and Needham have raised their price targets. PAR Technology has shown a positive revenue trend but faces challenges with profitability, ROE, ROA, and debt management.
July 22, 2024 | 3:01 pm
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POSITIVE IMPACT
Analysts have raised their price targets for PAR Technology, reflecting increased confidence in the company's future performance. The average price target is now $56.83, up 11% from the previous average. However, the company faces challenges with profitability, ROE, ROA, and debt management.
The increase in average price target by 11% indicates a positive outlook from analysts. However, the company's financial challenges in profitability, ROE, ROA, and debt management may temper the positive sentiment. The overall impact on the stock price is likely to be positive in the short term due to the raised price targets.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100