The Analyst Verdict: Myomo In The Eyes Of 4 Experts
Portfolio Pulse from Benzinga Insights
Four analysts have provided ratings for Myomo (AMEX:MYO) over the past quarter, all of which are bullish. The average 12-month price target has increased to $7.62, reflecting a 5.1% rise from the previous target. Analysts from Ascendiant Capital, HC Wainwright & Co., Craig-Hallum, and Lake Street have all raised their price targets, indicating positive sentiment towards the company.

August 19, 2024 | 12:01 pm
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Four analysts have provided bullish ratings for Myomo (AMEX:MYO) over the past quarter. The average 12-month price target has increased to $7.62, reflecting a 5.1% rise from the previous target. Analysts from Ascendiant Capital, HC Wainwright & Co., Craig-Hallum, and Lake Street have all raised their price targets, indicating positive sentiment towards the company.
The unanimous bullish ratings from four analysts and the increase in the average 12-month price target to $7.62 indicate strong positive sentiment towards Myomo. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100