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What is Wall Street's Target Price for Cano Health Inc (CANO) Stock Monday?

Monday, January 30, 2023 12:16 PM | InvestorsObserver Analysts

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What is Wall Street's Target Price for Cano Health Inc (CANO) Stock Monday?

Wall Street is positive on Cano Health Inc (CANO). On average, analysts give Cano Health Inc a Buy rating. The average price target is $4.556, which means analysts expect the stock to climb by 240.00% over the next twelve months. That average ranking earns Cano Health Inc an Analyst Rating of 14, which is better than 14% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.1
Wall Street analysts are rating CANO a Buy today. Find out what this means to you and get the rest of the rankings on CANO!

Why are Analyst Ratings Important?

Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected. InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.

What's Happening With Cano Health Inc Stock Today?

Cano Health Inc (CANO) stock is higher by 6.35% while the S&P 500 has fallen -0.65% as of 12:14 PM on Monday, Jan 30. CANO has gained $0.08 from the previous closing price of $1.26 on volume of 2,173,818 shares. Over the past year the S&P 500 has fallen -10.44% while CANO has fallen -76.82%. CANO lost -$0.33 per share the over the last 12 months. Click Here to get the full Stock Report for Cano Health Inc stock.

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