Analyst Scoreboard: 6 Ratings For Grocery Outlet Holding
Portfolio Pulse from Benzinga Insights
In the last three months, 6 analysts have published ratings on Grocery Outlet Holding (NASDAQ:GO), with a range of perspectives from bullish to bearish. The average 12-month price target is $25.67, down 17.19% from the previous $31.00. Analysts have adjusted their ratings and price targets in response to market conditions and company performance.
July 31, 2024 | 1:00 pm
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NEGATIVE IMPACT
Grocery Outlet Holding (NASDAQ:GO) has received mixed ratings from 6 analysts over the past three months, with an average 12-month price target of $25.67, down 17.19% from the previous $31.00. Analysts have adjusted their ratings and price targets in response to market conditions and company performance.
The decrease in the average price target by 17.19% indicates a less optimistic outlook from analysts. This could lead to a short-term negative impact on the stock price as investors react to the lowered expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100