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Where Does Wall Street Think Hydrofarm Holdings Group Inc (HYFM) Stock Will Go?

Wednesday, January 11, 2023 02:56 PM | InvestorsObserver Analysts

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Where Does Wall Street Think Hydrofarm Holdings Group Inc (HYFM) Stock Will Go?

InvestorsObserver is giving Hydrofarm Holdings Group Inc (HYFM) an Analyst Rating Rank of 25, meaning HYFM is ranked higher by analysts than 25% of stocks. The average price target for HYFM is $4.625 and analyst’s rate the stock as a Buy.

Overall Score - 3.7
Wall Street analysts are rating HYFM a Buy today. Find out what this means to you and get the rest of the rankings on HYFM!

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 Hydrofarm Holdings Group Inc Stock Today?

Hydrofarm Holdings Group Inc (HYFM) stock is trading at $1.30 as of 2:46 PM on Wednesday, Jan 11, a rise of $0.09, or 7.92% from the previous closing price of $1.20. The stock has traded between $1.19 and $1.30 so far today. Volume today is 1,006,868 compared to average volume of 886,331. Click Here to get the full Stock Report for Hydrofarm Holdings Group Inc stock.

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