A Glimpse Into The Expert Outlook On Phreesia Through 4 Analysts
Portfolio Pulse from Benzinga Insights
Phreesia (NYSE:PHR) has been analyzed by four analysts, showing a range of sentiments from bullish to somewhat bullish. The average 12-month price target is $28.25, down 6.61% from the previous $30.25. Analysts have maintained or lowered their ratings, reflecting changes in market conditions. Phreesia's financial performance shows a positive revenue trend with a 20.72% growth rate, though its net margin and ROE are negative, indicating profitability challenges.
August 30, 2024 | 5:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Phreesia has received mixed analyst ratings, with a current average price target of $28.25, a decrease from $30.25. Analysts have maintained or lowered their ratings, indicating cautious sentiment. Despite a 20.72% revenue growth, Phreesia faces challenges with negative net margin and ROE.
The mixed analyst ratings and lowered price targets suggest a cautious outlook for Phreesia. The decrease in the average price target indicates reduced expectations for future performance. However, the company's strong revenue growth provides a positive counterbalance, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100