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Where Does Wall Street Think Greenidge Generation Holdings Inc (GREE) Stock Will Go?

Wednesday, August 10, 2022 02:24 PM | InvestorsObserver Analysts
Where Does Wall Street Think Greenidge Generation Holdings Inc (GREE) Stock Will Go?

InvestorsObserver is giving Greenidge Generation Holdings Inc (GREE) an Analyst Rating Rank of 31, meaning GREE is ranked higher by analysts than 31% of stocks. The average price target for GREE is $7.75 and analyst’s rate the stock as a Buy.

Overall Score - 4
Wall Street analysts are rating GREE a Buy today. Find out what this means to you and get the rest of the rankings on GREE!

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Greenidge Generation Holdings Inc Stock Today?

Greenidge Generation Holdings Inc (GREE) stock is trading at $4.02 as of 2:24 PM on Wednesday, Aug 10, a rise of $0.38, or 10.44% from the previous closing price of $3.64. The stock has traded between $3.67 and $4.13 so far today. Volume today is 393,983 compared to average volume of 481,518. Click Here to get the full Stock Report for Greenidge Generation Holdings Inc stock.

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