Decoding 5 Analyst Evaluations For Atkore
Portfolio Pulse from Benzinga Insights
Analysts have recently updated their ratings for Atkore (NYSE:ATKR), with a mix of bullish to indifferent sentiments. The average 12-month price target has decreased by 22.19%, with a current average of $128.0. Analysts have lowered their price targets, reflecting a cautious outlook amid Atkore's revenue decline and market challenges.
September 13, 2024 | 1:00 pm
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NEGATIVE IMPACT
Atkore has received mixed analyst ratings, with a notable decrease in the average 12-month price target by 22.19%. Analysts have lowered their price targets, indicating a cautious outlook due to Atkore's recent revenue decline and market challenges.
The decrease in the average price target by 22.19% and the lowering of price targets by multiple analysts suggest a negative short-term outlook for Atkore. The company's recent revenue decline and market challenges further support this cautious sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100