Demystifying MakeMyTrip: Insights From 4 Analyst Reviews
Portfolio Pulse from Benzinga Insights
Analysts have shown a bullish sentiment towards MakeMyTrip (NASDAQ:MMYT) with recent upgrades in ratings and price targets. The average 12-month price target has increased by 12.23% to $105.5. Despite positive revenue growth, the company faces challenges with profitability and returns.
August 27, 2024 | 12:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
MakeMyTrip has received bullish ratings from analysts, with a notable increase in the average 12-month price target. The company shows strong revenue growth but faces challenges in profitability and returns.
Analysts have upgraded their ratings and increased price targets for MakeMyTrip, indicating a positive outlook. The company's strong revenue growth supports this sentiment, although challenges in profitability and returns may temper expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100