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Has Waitr Holdings Inc (WTRH) Stock's Performance Changed Wall Street's View?

Tuesday, June 30, 2020 10:12 AM | InvestorsObserver Analysts

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Has Waitr Holdings Inc (WTRH) Stock's Performance Changed Wall Street's View?

Wall Street is positive on Waitr Holdings Inc (WTRH). On average, analysts give WTRH a Strong Buy rating. The average price target is $2.25, which means analysts expect the stock to decrease by -23.21% over the next twelve months.

That average ranking earns WTRH an Analyst Rating of 65, which is better than 65% of stocks based on data compiled by InvestorsObserver.

Overall Score - 4.5
Wall Street analysts are rating WTRH a Strong Buy today. Find out what this means to you and get the rest of the rankings on WTRH!

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 Waitr Holdings Inc Stock Today?

Waitr Holdings Inc (WTRH) stock is trading at $2.93 as of 10:10 AM on Tuesday, Jun 30, a gain of $0.22, or 8.11% from the previous closing price of $2.71. The stock has traded between $2.79 and $3.08 so far today. Volume today is 3,282,656 compared to average volume of 3,941,907.

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