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How Does Luminar Technologies Inc (LAZR) Stock Rank on Wall Street Wednesday?

Wednesday, June 15, 2022 11:50 AM | InvestorsObserver Analysts

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How Does Luminar Technologies Inc (LAZR) Stock Rank on Wall Street Wednesday?

InvestorsObserver is giving Luminar Technologies Inc (LAZR) an Analyst Rating Rank of 45, meaning LAZR is ranked higher by analysts than 45% of stocks. The average price target for LAZR is $18.777 and analyst’s rate the stock as a Strong Buy.

Overall Score - 4.3
Wall Street analysts are rating LAZR a Strong Buy today. Find out what this means to you and get the rest of the rankings on LAZR!

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 Luminar Technologies Inc Stock Today?

Luminar Technologies Inc (LAZR) stock is trading at $7.44 as of 11:50 AM on Wednesday, Jun 15, a rise of $0.07, or 1.02% from the previous closing price of $7.36. The stock has traded between $7.17 and $7.53 so far today. Volume today is less active than usual. So far 1,472,509 shares have traded compared to average volume of 6,111,911 shares. Click Here to get the full Stock Report for Luminar Technologies Inc stock.

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