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Do Analysts Agree Thursday on Blend Labs Inc (BLND) Stock's Target Price?

Thursday, October 05, 2023 01:08 PM | InvestorsObserver Analysts

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Do Analysts Agree Thursday on Blend Labs Inc (BLND) Stock's Target Price?

Analysts who follow Blend Labs Inc (BLND) on average expect it to add 22.98% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns BLND an Analyst Ranking of 16, which means it ranks higher than 16 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 3.3
Wall Street analysts are rating BLND a Buy today. Find out what this means to you and get the rest of the rankings on BLND!

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Blend Labs Inc Stock Today?

Blend Labs Inc (BLND) stock is up 4.2% while the S&P 500 has fallen -0.54% as of 12:51 PM on Thursday, Oct 5. BLND has risen $0.05 from the previous closing price of $1.19 on volume of 1,090,232 shares. Over the past year the S&P 500 is up 12.09% while BLND has fallen -53.56%. BLND lost -$1.37 per share the over the last 12 months. Click Here to get the full Stock Report for Blend Labs Inc stock.

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