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What is Wall Street's Target Price for iCAD Inc (ICAD) Stock Monday?

Monday, December 06, 2021 01:40 PM | InvestorsObserver Analysts
What is Wall Street's Target Price for iCAD Inc (ICAD) Stock Monday?

Wall Street is positive on iCAD Inc (ICAD). On average, analysts give the stock a Strong Buy rating. The average price target is $22.2, which means analysts expect the stock to add by 232.83% over the next twelve months. That average ranking earns the stock an Analyst Rating of 74, which is better than 74% of stocks based on data compiled by InvestorsObserver.

Overall Score - 5
Wall Street analysts are rating ICAD a Strong Buy today. Find out what this means to you and get the rest of the rankings on ICAD!

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With iCAD Inc Stock Today?

iCAD Inc (ICAD) stock is down -5.39% while the S&P 500 has gained 1.34% as of 1:38 PM on Monday, Dec 6. ICAD is down -$0.38 from the previous closing price of $7.05 on volume of 238,972 shares. Over the past year the S&P 500 is up 24.57% while ICAD is down -42.99%. ICAD lost -$0.36 per share the over the last 12 months. Click Here to get the full Stock Report for iCAD Inc stock.

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