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Do Analysts Agree Tuesday on Nano-X Imaging Ltd (NNOX) Stock's Target Price?

Tuesday, January 18, 2022 09:46 AM | InvestorsObserver Analysts

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Do Analysts Agree Tuesday on Nano-X Imaging Ltd (NNOX) Stock's Target Price?

InvestorsObserver is giving Nano-X Imaging Ltd (NNOX) an Analyst Rating Rank of 20, meaning NNOX is ranked higher by analysts than 20% of stocks. The average price target for NNOX is $50.5 and analyst’s rate the stock as a Buy.

Overall Score - 3.7
Wall Street analysts are rating NNOX a Buy today. Find out what this means to you and get the rest of the rankings on NNOX!

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Nano-X Imaging Ltd Stock Today?

Nano-X Imaging Ltd (NNOX) stock is trading at $10.91 as of 9:44 AM on Tuesday, Jan 18, a decline of -$0.85, or -7.19% from the previous closing price of $11.75. The stock has traded between $10.72 and $11.18 so far today. Volume today is less active than usual. So far 225,960 shares have traded compared to average volume of 826,624 shares. Click Here to get the full Stock Report for Nano-X Imaging Ltd stock.

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