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Do Analysts Expect Recursion Pharmaceuticals Inc (RXRX) Stock to Rise After It Has Fallen -29.07% in a Month?

Monday, March 25, 2024 12:22 PM | InvestorsObserver Analysts

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Do Analysts Expect Recursion Pharmaceuticals Inc (RXRX) Stock to Rise After It Has Fallen -29.07% in a Month?

InvestorsObserver is giving Recursion Pharmaceuticals Inc (RXRX) an Analyst Rating Rank of 18, meaning RXRX is ranked higher by analysts than 18% of stocks. The average price target for RXRX is $13 and analyst’s rate the stock as a Buy.

Overall Score - 3.4
Wall Street analysts are rating RXRX a Buy today. Find out what this means to you and get the rest of the rankings on RXRX!

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 Recursion Pharmaceuticals Inc Stock Today?

Recursion Pharmaceuticals Inc (RXRX) stock is trading at $10.47 as of 12:21 PM on Monday, Mar 25, a decline of -$0.02, or -0.19% from the previous closing price of $10.49. The stock has traded between $10.42 and $10.91 so far today. Volume today is light. So far 1,662,468 shares have traded compared to average volume of 8,843,824 shares. Click Here to get the full Stock Report for Recursion Pharmaceuticals Inc stock.

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