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Where Does Wall Street Think Hello Group Inc (MOMO) Stock Will Go?

Wednesday, May 11, 2022 02:46 PM | InvestorsObserver Analysts

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Where Does Wall Street Think Hello Group Inc (MOMO) Stock Will Go?

Wall Street is positive on Hello Group Inc (MOMO). On average, analysts give MOMO a Buy rating. The average price target is $14.985, which means analysts expect the stock to gain by 220.88% over the next twelve months. That average ranking earns MOMO an Analyst Rating of 30, which is better than 30% of stocks based on data compiled by InvestorsObserver.

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

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Hello Group Inc Stock Today?

Hello Group Inc (MOMO) stock is trading at $4.67 as of 2:45 PM on Wednesday, May 11, a drop of -$0.24, or -4.8% from the previous closing price of $4.90. The stock has traded between $4.60 and $5.01 so far today. Volume today is below average. So far 1,405,298 shares have traded compared to average volume of 3,667,357 shares. Click Here to get the full Stock Report for Hello Group Inc stock.

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