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What is Wall Street's Target Price for Quanterix Corp (QTRX) Stock Wednesday?

Wednesday, November 24, 2021 10:57 AM | InvestorsObserver Analysts
What is Wall Street's Target Price for Quanterix Corp (QTRX) Stock Wednesday?

Analysts who follow Quanterix Corp (QTRX) on average expect it to add 74.52% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy. That average rating earns QTRX an Analyst Ranking of 74, which means it ranks higher than 74 of stocks, based on data compiled by InvestorsObserver.

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

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Quanterix Corp Stock Today?

Quanterix Corp (QTRX) stock is up 0.73% while the S&P 500 has fallen -0.29% as of 10:45 AM on Wednesday, Nov 24. QTRX has risen $0.32 from the previous closing price of $43.61 on volume of 151,330 shares. Over the past year the S&P 500 is up 28.66% while QTRX has risen 2.88%. QTRX lost -$1.36 per share the over the last 12 months. Click Here to get the full Stock Report for Quanterix Corp stock.

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