In-Depth Examination Of 5 Analyst Recommendations For Runway Gwth Fin
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Runway Growth Finance (NASDAQ:RWAY) over the past three months, with all five analysts rating it as 'Neutral'. The average 12-month price target is $12.15, down from a previous average of $13.00. Key analysts from firms like JP Morgan, B of A Securities, B. Riley Securities, Compass Point, and Wells Fargo have adjusted their price targets and ratings, reflecting cautious sentiment.
July 29, 2024 | 3:00 pm
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NEUTRAL IMPACT
Runway Growth Finance (NASDAQ:RWAY) has received 'Neutral' ratings from all five analysts over the past three months. The average 12-month price target has decreased to $12.15 from $13.00, indicating cautious sentiment among analysts.
The unanimous 'Neutral' ratings and the decrease in the average price target suggest that analysts are cautious about RWAY's short-term prospects. This could lead to a neutral impact on the stock price as the market digests these mixed signals.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100