- PainReform Ltd. (PRFX, Financial) has announced a strategic acquisition of DeepSolar to bolster its portfolio with AI-driven solar analytics.
- Wall Street analysts project a significant potential upside for PainReform Ltd., with a one-year price target showing a 385.83% increase.
- Current analyst consensus on PainReform Ltd. gives it a "Hold" status, reflecting mixed sentiments in the market.
PainReform Ltd. (PRFX) has entered into a definitive agreement to fully acquire DeepSolar, an innovative AI-powered solar analytics company, from BladeRanger Ltd. This strategic acquisition is poised to enhance PainReform’s portfolio by integrating cutting-edge technology aimed at optimizing solar energy efficiency. Despite this pivot towards solar advancements, PainReform remains dedicated to its core focus on pharmaceutical innovations.
Wall Street Analysts Forecast
According to the latest insights from Wall Street, analysts have set a one-year price target for PainReform Ltd. (PRFX, Financial) at an average of $12.00. Notably, this target includes a high and low estimate both fixed at $12.00, suggesting unanimity among analysts. This target price represents a substantial potential upside of 385.83% from the current stock price of $2.47. For more in-depth estimate data, investors can explore the PainReform Ltd (PRFX) Forecast page.
The current consensus from brokerage firms gives PainReform Ltd. (PRFX, Financial) an average recommendation of 3.0, categorizing it under "Hold" status. This recommendation scale is pivotal for investors, where 1 implies a Strong Buy and 5 indicates Sell, highlighting a cautious yet steady outlook by analysts.
