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What is Wall Street's Target Price for Silk Road Medical Inc (SILK) Stock Thursday?

Thursday, November 02, 2023 01:19 PM | InvestorsObserver Analysts

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What is Wall Street's Target Price for Silk Road Medical Inc (SILK) Stock Thursday?

Analysts who follow Silk Road Medical Inc (SILK) on average expect it to climb 78.36% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns SILK an Analyst Ranking of 5, which means it ranks higher than 5 of stocks, based on data compiled by InvestorsObserver.

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

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Silk Road Medical Inc Stock Today?

Silk Road Medical Inc (SILK) stock is trading at $8.41 as of 1:18 PM on Thursday, Nov 2, a gain of $1.00, or 13.5% from the previous closing price of $7.41. The stock has traded between $7.49 and $8.74 so far today. Volume today is low. So far 842,530 shares have traded compared to average volume of 1,806,510 shares. Click Here to get the full Stock Report for Silk Road Medical Inc stock.

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