Peeling Back The Layers: Exploring ModivCare Through Analyst Insights
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for ModivCare (NASDAQ:MODV) over the past three months, with a recent average price target of $24.0, down 25.58% from previous estimates. The company's financials show challenges in revenue growth and debt management, despite a strong market position.

October 03, 2024 | 4:00 pm
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ModivCare has received mixed analyst ratings, with a recent average price target of $24.0, indicating a 25.58% decline from previous targets. The company faces challenges in revenue growth and debt management, despite a strong market position.
The decline in the average price target by 25.58% suggests a negative sentiment among analysts. The company's financial challenges, including revenue decline and high debt-to-equity ratio, further support a likely short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100