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Do Analysts Agree Thursday on Inhibrx Inc (INBX) Stock's Target Price?

Thursday, March 21, 2024 10:33 AM | InvestorsObserver Analysts

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Do Analysts Agree Thursday on Inhibrx Inc (INBX) Stock's Target Price?

Analysts who follow Inhibrx Inc (INBX) on average expect it to lose -7.04% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns Inhibrx Inc an Analyst Ranking of 5, which means it ranks higher than 5 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 3
Wall Street analysts are rating INBX a Hold today. Find out what this means to you and get the rest of the rankings on INBX!

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 Inhibrx Inc Stock Today?

Inhibrx Inc (INBX) stock is trading at $35.14 as of 10:27 AM on Thursday, Mar 21, an increase of $0.14, or 0.4% from the previous closing price of $35.00. The stock has traded between $35.00 and $35.25 so far today. Volume today is below average. So far 168,756 shares have traded compared to average volume of 555,809 shares. Click Here to get the full Stock Report for Inhibrx Inc stock.

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