6 analysts have shared their evaluations of Riskified (NYSE:RSKD) during the recent three months, expressing a mix of bullish and bearish perspectives.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 3 | 3 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 1 | 1 | 0 | 0 |
| 3M Ago | 0 | 1 | 2 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $6.29, a high estimate of $8.00, and a low estimate of $5.00. Surpassing the previous average price target of $5.88, the current average has increased by 6.97%.
Interpreting Analyst Ratings: A Closer Look
The standing of Riskified among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Clarke Jeffries | Piper Sandler | Raises | Overweight | $8.00 | $7.00 |
| Clarke Jeffries | Piper Sandler | Maintains | Overweight | $7.00 | $7.00 |
| Ryan Tomasello | Keefe, Bruyette & Woods | Announces | Market Perform | $5.75 | – |
| Gil Luria | DA Davidson | Maintains | Neutral | $5.00 | – |
| Will Nance | Goldman Sachs | Raises | Neutral | $5.00 | $4.50 |
| Brent Bracelin | Piper Sandler | Raises | Overweight | $7.00 | $5.00 |
Key Insights:
Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they ‘Maintain’, ‘Raise’ or ‘Lower’ their stance, it reflects their reaction to recent developments related to Riskified. This information provides a snapshot of how analysts perceive the current state of the company.
Rating: Offering insights into predictions, analysts assign qualitative values, from ‘Outperform’ to ‘Underperform’. These ratings convey expectations for the relative performance of Riskified compared to the broader market.
Price Targets: Delving into movements, analysts provide estimates for the future value of Riskified’s stock. This analysis reveals shifts in analysts’ expectations over time.
To gain a panoramic view of Riskified’s market performance, explore these analyst evaluations…
Click Here to Read the Full Original Article at Cryptocurrencies Feed…
