Assessing Revvity: Insights From 8 Financial Analysts
Portfolio Pulse from Benzinga Insights
Revvity (NYSE:RVTY) has received diverse ratings from 8 analysts over the past three months, with a mix of bullish and indifferent sentiments. The average 12-month price target has increased by 9.29% to $131.62. Analysts have raised their price targets, reflecting positive adjustments in their outlook. Despite a recent revenue decline, Revvity shows strong profitability and financial health with high net margins, ROE, and ROA.
October 15, 2024 | 2:01 pm
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POSITIVE IMPACT
Revvity has received a range of analyst ratings, with a recent increase in the average price target to $131.62, indicating a positive outlook. Despite a revenue decline, the company maintains strong profitability and financial health.
The increase in the average price target and positive adjustments by analysts suggest a favorable short-term outlook for Revvity. The company's strong financial metrics, such as high net margins and ROE, further support this positive sentiment, despite recent revenue challenges.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100