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Do Analysts Agree Tuesday on Codex DNA Inc (DNAY) Stock's Target Price?

Tuesday, January 11, 2022 11:12 AM | InvestorsObserver Analysts

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Do Analysts Agree Tuesday on Codex DNA Inc (DNAY) Stock's Target Price?

InvestorsObserver is giving Codex DNA Inc (DNAY) an Analyst Rating Rank of 74, meaning DNAY is ranked higher by analysts than 74% of stocks. The average price target for DNAY is $25 and analyst’s rate the stock as a Strong Buy.

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

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Codex DNA Inc Stock Today?

Codex DNA Inc (DNAY) stock is trading at $9.75 as of 11:10 AM on Tuesday, Jan 11, a decline of -$0.07, or -0.71% from the previous closing price of $9.82. The stock has traded between $9.55 and $9.89 so far today. Volume today is below average. So far 134,706 shares have traded compared to average volume of 951,605 shares. Click Here to get the full Stock Report for Codex DNA Inc stock.

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