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Does Vivint Solar Inc (VSLR) Stock Have Analysts Confidence?

Thursday, July 02, 2020 03:57 PM | InvestorsObserver Analysts

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Does Vivint Solar Inc (VSLR) Stock Have Analysts Confidence?

InvestorsObserver is giving Vivint Solar Inc (VSLR) an Analyst Rating Rank of 81, meaning VSLR is ranked higher by analysts than 81% of stocks. The average projection by analysts for VSLR is $13.833 over the next 12 months and analyst’s classify the stock as a Strong Buy

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

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 Vivint Solar Inc Stock Today?

Vivint Solar Inc (VSLR) stock is trading at $10.02 as of 3:55 PM on Thursday, Jul 2, an increase of $0.10, or 0.96% from the previous closing price of $9.92. The stock has traded between $9.97 and $10.24 so far today. Volume today is light. So far 979,972 shares have traded compared to average volume of 1,736,315 shares.

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