share_log

A Quick Look at Today's Ratings for Clarivate(CLVT.US), With a Forecast Between $4 to $8

Futu News ·  Nov 8 21:00  · Ratings

On Nov 08, major Wall Street analysts update their ratings for $Clarivate (CLVT.US)$, with price targets ranging from $4 to $8.

Morgan Stanley analyst Toni Kaplan maintains with a hold rating, and adjusts the target price from $8 to $5.

Barclays analyst Manav Patnaik maintains with a sell rating, and adjusts the target price from $5 to $4.

Oppenheimer analyst Owen Lau maintains with a buy rating, and adjusts the target price from $9 to $7.

Stifel analyst Shlomo Rosenbaum maintains with a buy rating, and adjusts the target price from $10 to $8.

Furthermore, according to the comprehensive report, the opinions of $Clarivate (CLVT.US)$'s main analysts recently are as follows:

  • The company's Q4 results were described as disappointing, with the withdrawal of guidance and buybacks that raised concerns. Moreover, the 'Value Creation Plan' introduced is seemingly insufficient in scale to effect significant change, according to observations shared with investors.

  • Clarivate displayed a miss in organic growth across all segments, facing increasing challenges throughout the business, which has resulted in the withdrawal of their guidance. The company is now considered a 'show me' story, with observers awaiting concrete signs of the new CEO's strategy taking shape by 2025.

Here are the latest investment ratings and price targets for $Clarivate (CLVT.US)$ from 4 analysts:

StockTodayLatestRating_nn_80135500028528_20241108_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment