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Gaotu Techedu Inc (GOTU) Stock: Do Analysts Think You Should Sell?

Tuesday, October 24, 2023 11:09 AM | InvestorsObserver Analysts

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Gaotu Techedu Inc (GOTU) Stock: Do Analysts Think You Should Sell?

Wall Street is positive on Gaotu Techedu Inc (GOTU). On average, analysts give GOTU a Sell rating. The average price target is $2.3, which means analysts expect the stock to decrease by -14.81% over the next twelve months. That average ranking earns GOTU an Analyst Rating of 1, which is better than 1% of stocks based on data compiled by InvestorsObserver.

Overall Score - 2
Wall Street analysts are rating GOTU a Sell today. Find out what this means to you and get the rest of the rankings on GOTU!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Gaotu Techedu Inc Stock Today?

Gaotu Techedu Inc (GOTU) stock is trading at $2.70 as of 11:06 AM on Tuesday, Oct 24, a rise of $0.28, or 11.57% from the previous closing price of $2.42. The stock has traded between $2.48 and $2.71 so far today. Volume today is light. So far 886,800 shares have traded compared to average volume of 1,325,207 shares. Click Here to get the full Stock Report for Gaotu Techedu Inc stock.

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