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Where Does Wall Street Think Fastly Inc (FSLY) Stock Will Go?

Tuesday, August 09, 2022 10:34 AM | InvestorsObserver Analysts

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Where Does Wall Street Think Fastly Inc (FSLY) Stock Will Go?

Analysts who follow Fastly Inc (FSLY) on average expect it to add 35.93% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns FSLY an Analyst Ranking of 3, which means it ranks higher than 3 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 2.6
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?

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 Fastly Inc Stock Today?

Fastly Inc (FSLY) stock is trading at $11.35 as of 10:33 AM on Tuesday, Aug 9, a decline of -$0.69, or -5.73% from the previous closing price of $12.04. The stock has traded between $11.18 and $11.86 so far today. Volume today is less active than usual. So far 1,024,953 shares have traded compared to average volume of 3,920,417 shares. Click Here to get the full Stock Report for Fastly Inc stock.

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