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Medifast Analyst Ratings

Benzinga ·  Jul 31, 2023 12:12
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
07/31/2023 -10.21% DA Davidson $75 → $93 Maintains Neutral
05/02/2023 -31.45% DA Davidson $94 → $71 Maintains Neutral
02/22/2023 -9.24% DA Davidson $106 → $94 Maintains Neutral
11/04/2022 2.35% DA Davidson $278 → $106 Downgrades Buy → Neutral
08/04/2022 168.42% DA Davidson $352 → $278 Maintains Buy
08/04/2022 44.83% Jefferies $345 → $150 Downgrades Buy → Hold
06/02/2022 239.87% DA Davidson $341 → $352 Maintains Buy
02/24/2022 229.25% DA Davidson $349 → $341 Maintains Buy
11/08/2021 236.97% DA Davidson $395 → $349 Maintains Buy
05/05/2021 281.38% DA Davidson $302 → $395 Maintains Buy
02/26/2021 191.59% DA Davidson $239 → $302 Maintains Buy
01/25/2021 155.87% Jefferies $205 → $265 Upgrades Hold → Buy
01/12/2021 130.76% DA Davidson $205 → $239 Maintains Buy
11/05/2020 97.93% DA Davidson $180 → $205 Upgrades Neutral → Buy
06/25/2020 58.35% B. Riley Securities → $164 Initiates Coverage On → Buy
05/06/2020 -16.96% DA Davidson $83 → $86 Maintains Neutral
02/27/2020 -19.86% DA Davidson $74 → $83 Maintains Neutral
11/08/2019 -28.55% DA Davidson $250 → $74 Downgrades Buy → Neutral
07/25/2019 25.52% Jefferies → $130 Initiates Coverage On → Buy
02/27/2019 108.55% Sidoti & Co. $211 → $216 Maintains Buy
11/08/2018 Sidoti & Co. Upgrades Neutral → Buy

What is the target price for Medifast (MED)?

The latest price target for Medifast (NYSE: MED) was reported by DA Davidson on July 31, 2023. The analyst firm set a price target for $93.00 expecting MED to fall to within 12 months (a possible -10.21% downside). 6 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Medifast (MED)?

The latest analyst rating for Medifast (NYSE: MED) was provided by DA Davidson, and Medifast maintained their neutral rating.

When is the next analyst rating going to be posted or updated for Medifast (MED)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Medifast, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Medifast was filed on July 31, 2023 so you should expect the next rating to be made available sometime around July 31, 2024.

Is the Analyst Rating Medifast (MED) correct?

While ratings are subjective and will change, the latest Medifast (MED) rating was a maintained with a price target of $75.00 to $93.00. The current price Medifast (MED) is trading at is $103.57, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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