What is Wall Street's Target Price for Calyxt Inc (CLXT) Stock Tuesday?

Tuesday, May 23, 2023 10:13 AM | InvestorsObserver Analysts

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What is Wall Street's Target Price for Calyxt Inc (CLXT) Stock Tuesday?

Analysts who follow Calyxt Inc (CLXT) on average expect it to decrease -7.79% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns CLXT an Analyst Ranking of 5, which means it ranks higher than 5 of stocks, based on data compiled by InvestorsObserver.

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

See Full CLXT Report

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 Calyxt Inc Stock Today?

Calyxt Inc (CLXT) stock is higher by 11.81% while the S&P 500 is down -0.22% as of 10:11 AM on Tuesday, May 23. CLXT is higher by $0.51 from the previous closing price of $4.36 on volume of 35,183 shares. Over the past year the S&P 500 is higher by 5.27% while CLXT is higher by 45.67%. CLXT lost -$3.48 per share the over the last 12 months. Click Here to get the full Stock Report for Calyxt Inc stock.