Top Wall Street Forecasters Revamp CI&T Price Expectations Ahead Of Q2 Earnings
Portfolio Pulse from Avi Kapoor
CI&T Inc. (NYSE:CINT) is set to release its Q2 earnings on Aug. 16, 2024, with analysts expecting a decline in both earnings per share and revenue compared to the previous year. Despite this, recent analyst ratings have been positive, with price targets being raised and coverage initiated with favorable ratings.
August 16, 2024 | 4:49 am
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CI&T Inc. is expected to report lower Q2 earnings and revenue compared to the previous year. However, recent analyst ratings have been positive, with price targets being raised and new coverage initiated with favorable ratings.
Despite the expected decline in earnings and revenue, the positive analyst ratings and raised price targets suggest a favorable outlook for CI&T Inc. in the short term. This could lead to a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100