Alliance Entertainment Holding Corporation, trading under the ticker AENT, has reaffirmed its position in the market by renewing an exclusive distribution agreement with Wet Workshop for North America. This strategic move is expected to enhance AENT’s market presence and strengthen its distribution network across the continent.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Alliance Entertainment Holding Corp (AENT, Financial) is $8.00 with a high estimate of $8.00 and a low estimate of $8.00. The average target implies an upside of 128.57% from the current price of $3.50. More detailed estimate data can be found on the Alliance Entertainment Holding Corp (AENT) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, Alliance Entertainment Holding Corp's (AENT, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
