Decoding 4 Analyst Evaluations For Pixelworks
Portfolio Pulse from Benzinga Insights
Four analysts have recently published ratings on Pixelworks (NASDAQ:PXLW), with all ratings being bullish. The average 12-month price target is $2.38, down from a previous average of $3.25. Analysts have lowered their price targets, reflecting a more cautious outlook. Pixelworks has shown solid revenue growth but faces challenges with net margin and return on equity.
August 08, 2024 | 12:00 pm
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Analysts have given Pixelworks (NASDAQ:PXLW) bullish ratings, but have lowered their price targets, indicating a cautious outlook. The average 12-month price target is now $2.38, down from $3.25. Despite solid revenue growth, the company faces challenges with net margin and return on equity.
The bullish ratings from analysts suggest positive sentiment, but the lowered price targets indicate caution. The company's solid revenue growth is a positive sign, but challenges with net margin and ROE could impact investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100