Resideo Technologies Inc (Ticker: REZI) shares have surpassed the average 12-month analyst target price of $23.33, currently trading at $23.79 as of recent trading. This development raises questions about potential analyst reactions, including possible downgrades or upward adjustments to their price targets.
Analysts’ target prices for Resideo vary, with one estimating a low of $21.00 and another as high as $25.00. The average target includes contributions from three analysts, resulting in a standard deviation of $2.081. Currently, the breakdown of analyst ratings shows 1 strong buy, 3 holds, and no sell ratings, with an average rating of 2.5 (where 1 is strong buy and 5 is strong sell).
