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Analyst Rating: Will Cassava Sciences Inc (SAVA) Stock Do Better Than the Market?

Friday, October 29, 2021 10:40 AM | InvestorsObserver Analysts

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Analyst Rating: Will Cassava Sciences Inc (SAVA) Stock Do Better Than the Market?

Wall Street is positive on Cassava Sciences Inc (SAVA). On average, analysts give SAVA a Strong Buy rating. The average price target is $140.666, which means analysts expect the stock to gain by 218.39% over the next twelve months. That average ranking earns SAVA an Analyst Rating of 75, which is better than 75% of stocks based on data compiled by InvestorsObserver.

Overall Score - 5
Wall Street analysts are rating SAVA a Strong Buy today. Find out what this means to you and get the rest of the rankings on SAVA!

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Cassava Sciences Inc Stock Today?

Cassava Sciences Inc (SAVA) stock is trading at $44.18 as of 10:27 AM on Friday, Oct 29, a decline of -$0.28, or -0.63% from the previous closing price of $44.46. The stock has traded between $43.34 and $45.20 so far today. Volume today is low. So far 469,906 shares have traded compared to average volume of 5,659,203 shares. Click Here to get the full Stock Report for Cassava Sciences Inc stock.

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