Wall Street is positive on Dynavax Technologies Corporation (DVAX). On average, analysts give DVAX a Strong Buy rating. The average price target is $16, which means analysts expect the stock to rise by 185.20% over the next twelve months.
That average ranking earns DVAX an Analyst Rating of 79, which is better than 79% of stocks based on data compiled by InvestorsObserver.
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 Dynavax Technologies Corporation Stock Today?
Dynavax Technologies Corporation (DVAX) stock is trading at $5.61 as of 9:47 AM on Tuesday, Dec 1, a rise of $0.53, or 10.44% from the previous closing price of $5.08. The stock has traded between $5.24 and $5.63 so far today. Volume today is below average. So far 307,741 shares have traded compared to average volume of 2,807,214 shares.
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