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Do Analysts Agree Thursday on Cutera, Inc. (CUTR) Stock's Target Price?

Thursday, November 16, 2023 10:17 AM | InvestorsObserver Analysts

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Do Analysts Agree Thursday on Cutera, Inc. (CUTR) Stock's Target Price?

Analysts who follow Cutera, Inc. (CUTR) on average expect it to gain 314.80% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns Cutera, Inc. 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 CUTR a Buy today. Find out what this means to you and get the rest of the rankings on CUTR!

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 Cutera, Inc. Stock Today?

Cutera, Inc. (CUTR) stock is down -8.91% while the S&P 500 has gained 0.06% as of 10:16 AM on Thursday, Nov 16. CUTR has fallen -$0.22 from the previous closing price of $2.47 on volume of 139,575 shares. Over the past year the S&P 500 has risen 13.82% while CUTR has fallen -94.71%. CUTR lost -$3.90 per share the over the last 12 months. Click Here to get the full Stock Report for Cutera, Inc. stock.

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