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What is Wall Street's Target Price for Fastly Inc (FSLY) Stock Friday?

Friday, June 24, 2022 03:50 PM | InvestorsObserver Analysts
What is Wall Street's Target Price for Fastly Inc (FSLY) Stock Friday?

InvestorsObserver is giving Fastly Inc (FSLY) an Analyst Rating Rank of 4, meaning FSLY is ranked higher by analysts than 4% of stocks. The average price target for FSLY is $23.571 and analyst’s rate the stock as a Hold.

Overall Score - 2.9
Wall Street analysts are rating FSLY a Hold today. Find out what this means to you and get the rest of the rankings on FSLY!

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 Fastly Inc Stock Today?

Fastly Inc (FSLY) stock is trading at $13.17 as of 3:46 PM on Friday, Jun 24, a gain of $0.52, or 4.07% from the previous closing price of $12.65. The stock has traded between $12.77 and $13.60 so far today. Volume today is 3,638,529 compared to average volume of 4,498,601. Click Here to get the full Stock Report for Fastly Inc stock.

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