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What is Wall Street's Target Price for Cricut Inc (CRCT) Stock Monday?

Monday, August 28, 2023 01:06 PM | InvestorsObserver Analysts

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What is Wall Street's Target Price for Cricut Inc (CRCT) Stock Monday?

InvestorsObserver is giving Cricut Inc (CRCT) an Analyst Rating Rank of 0, meaning CRCT is ranked higher by analysts than 0% of stocks. The average price target for CRCT is $6 and analyst’s rate the stock as a Sell.

Overall Score - 1.30000019
Wall Street analysts are rating CRCT a Sell today. Find out what this means to you and get the rest of the rankings on CRCT!

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Cricut Inc Stock Today?

Cricut Inc (CRCT) stock is trading at $9.44 as of 1:03 PM on Monday, Aug 28, an increase of $0.17, or 1.83% from the previous closing price of $9.27. The stock has traded between $9.20 and $9.44 so far today. Volume today is less active than usual. So far 30,761 shares have traded compared to average volume of 255,844 shares. Click Here to get the full Stock Report for Cricut Inc stock.

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