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What is Wall Street's Target Price for Bakkt Holdings Inc (BKKT) Stock Monday?

Monday, November 28, 2022 01:22 PM | InvestorsObserver Analysts

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What is Wall Street's Target Price for Bakkt Holdings Inc (BKKT) Stock Monday?

Analysts who follow Bakkt Holdings Inc (BKKT) on average expect it to add 62.56% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns BKKT an Analyst Ranking of 5, which means it ranks higher than 5 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 3
Wall Street analysts are rating BKKT a Hold today. Find out what this means to you and get the rest of the rankings on BKKT!

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 Bakkt Holdings Inc Stock Today?

Bakkt Holdings Inc (BKKT) stock is trading at $1.64 as of 1:18 PM on Monday, Nov 28, a decline of -$0.07, or -4.09% from the previous closing price of $1.71. The stock has traded between $1.63 and $1.74 so far today. Volume today is less active than usual. So far 634,421 shares have traded compared to average volume of 1,594,220 shares. Click Here to get the full Stock Report for Bakkt Holdings Inc stock.

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