Analyst Scoreboard: 4 Ratings For TriplePoint Venture Gwth
Portfolio Pulse from Benzinga Insights
TriplePoint Venture Growth (NYSE: TPVG) has received mixed analyst ratings over the past three months, with a majority leaning towards 'Somewhat Bearish'. The average 12-month price target has decreased from $9.25 to $8.38. Analysts from firms like Keefe, Bruyette & Woods, Piper Sandler, and Wells Fargo have lowered their ratings and price targets. Despite strong financial metrics like a high net margin and ROE, TPVG faces challenges with its ROA and revenue growth compared to industry peers.
August 09, 2024 | 9:00 pm
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TriplePoint Venture Growth (NYSE: TPVG) has received mixed analyst ratings, with a majority leaning towards 'Somewhat Bearish'. The average 12-month price target has decreased from $9.25 to $8.38. Analysts from firms like Keefe, Bruyette & Woods, Piper Sandler, and Wells Fargo have lowered their ratings and price targets.
The majority of analysts have given 'Somewhat Bearish' ratings, and the average price target has decreased, indicating a negative short-term outlook. Lowered ratings and price targets from multiple analysts suggest a lack of confidence in the stock's near-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100