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What is Wall Street's Target Price for VTEX (VTEX) Stock Thursday?

Thursday, February 29, 2024 09:50 AM | InvestorsObserver Analysts

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What is Wall Street's Target Price for VTEX (VTEX) Stock Thursday?

InvestorsObserver is giving VTEX (VTEX) an Analyst Rating Rank of 45, meaning VTEX is ranked higher by analysts than 45% of stocks. The average price target for VTEX is $8.6 and analyst’s rate the stock as a Strong Buy.

Overall Score - 4.1
Wall Street analysts are rating VTEX a Strong Buy today. Find out what this means to you and get the rest of the rankings on VTEX!

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 VTEX Stock Today?

VTEX (VTEX) stock is lower by -3.57% while the S&P 500 is up 0.42% as of 9:44 AM on Thursday, Feb 29. VTEX is down -$0.30 from the previous closing price of $8.41 on volume of 14,743 shares. Over the past year the S&P 500 has risen 28.85% while VTEX is up 113.98%. VTEX lost -$0.07 per share the over the last 12 months. Click Here to get the full Stock Report for VTEX stock.

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