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Do Analysts Agree Wednesday on Bakkt Holdings Inc (BKKT) Stock's Target Price?

Wednesday, November 15, 2023 03:18 PM | InvestorsObserver Analysts

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Do Analysts Agree Wednesday on Bakkt Holdings Inc (BKKT) Stock's Target Price?

Analysts who follow Bakkt Holdings Inc (BKKT) on average expect it to rise 51.26% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns BKKT an Analyst Ranking of 25, which means it ranks higher than 25 of stocks, based on data compiled by InvestorsObserver.

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

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 Bakkt Holdings Inc Stock Today?

Bakkt Holdings Inc (BKKT) stock is trading at $1.19 as of 3:01 PM on Wednesday, Nov 15, an increase of $0.20, or 20.28% from the previous closing price of $0.99. The stock has traded between $1.00 and $1.20 so far today. Volume today is high. So far 2,831,090 shares have traded compared to average volume of 1,442,099 shares. Click Here to get the full Stock Report for Bakkt Holdings Inc stock.

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