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Invitae Corp (NVTA) Stock: Do Analysts Think You Should Buy?

Tuesday, July 12, 2022 11:21 AM | InvestorsObserver Analysts

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Invitae Corp (NVTA) Stock: Do Analysts Think You Should Buy?

InvestorsObserver is giving Invitae Corp (NVTA) an Analyst Rating Rank of 26, meaning NVTA is ranked higher by analysts than 26% of stocks. The average price target for NVTA is $13.968 and analyst’s rate the stock as a Buy.

Overall Score - 3.8
Wall Street analysts are rating NVTA a Buy today. Find out what this means to you and get the rest of the rankings on NVTA!

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 Invitae Corp Stock Today?

Invitae Corp (NVTA) stock is trading at $2.74 as of 11:16 AM on Tuesday, Jul 12, a gain of $0.04, or 1.48% from the previous closing price of $2.70. The stock has traded between $2.58 and $2.83 so far today. Volume today is light. So far 2,007,057 shares have traded compared to average volume of 10,126,574 shares. Click Here to get the full Stock Report for Invitae Corp stock.

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