Breaking Down Instructure Hldgs: 6 Analysts Share Their Views
Portfolio Pulse from Benzinga Insights
In the last three months, 6 analysts have published ratings on Instructure Holdings (NYSE:INST), with a mix of bullish and indifferent sentiments. The average 12-month price target has decreased by 12.71% to $28.37. Analysts from Truist Securities, Citigroup, and BTIG have lowered their price targets, while Needham has maintained its buy rating.
July 29, 2024 | 12:00 pm
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NEGATIVE IMPACT
Instructure Holdings (NYSE:INST) has received mixed analyst ratings over the past three months, with a notable decrease in the average 12-month price target by 12.71%. Analysts from Truist Securities, Citigroup, and BTIG have lowered their price targets, while Needham has maintained its buy rating.
The decrease in the average 12-month price target by 12.71% and the lowering of price targets by multiple analysts suggest a bearish short-term outlook for Instructure Holdings. This could lead to a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100