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Alto Ingredients Analyst Ratings

Benzinga ·  Aug 8, 2023 06:15
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
08/08/2023 88.68% HC Wainwright & Co. → $7 Reiterates Buy → Buy
02/07/2023 169.54% HC Wainwright & Co. → $10 Reiterates → Buy

What is the target price for Alto Ingredients (ALTO)?

The latest price target for Alto Ingredients (NASDAQ: ALTO) was reported by HC Wainwright & Co. on August 8, 2023. The analyst firm set a price target for $7.00 expecting ALTO to rise to within 12 months (a possible 88.68% upside). 2 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Alto Ingredients (ALTO)?

The latest analyst rating for Alto Ingredients (NASDAQ: ALTO) was provided by HC Wainwright & Co., and Alto Ingredients reiterated their buy rating.

When is the next analyst rating going to be posted or updated for Alto Ingredients (ALTO)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Alto Ingredients, 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 Alto Ingredients was filed on August 8, 2023 so you should expect the next rating to be made available sometime around August 8, 2024.

Is the Analyst Rating Alto Ingredients (ALTO) correct?

While ratings are subjective and will change, the latest Alto Ingredients (ALTO) rating was a reiterated with a price target of $0.00 to $7.00. The current price Alto Ingredients (ALTO) is trading at is $3.71, which is within the analyst's predicted range.

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