Where Does Wall Street Think Invitae Corp (NVTA) Stock Will Go?

Thursday, August 18, 2022 09:44 AM | InvestorsObserver Analysts

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Where Does Wall Street Think Invitae Corp (NVTA) Stock Will Go?

Analysts who follow Invitae Corp (NVTA) on average expect it to lose -14.43% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns NVTA an Analyst Ranking of 3, which means it ranks higher than 3 of stocks, based on data compiled by InvestorsObserver.

Wall Street analysts are rating NVTA a Hold today. Find out what this means to you and get the rest of the rankings on NVTA!

See Full NVTA Report

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 Invitae Corp Stock Today?

Invitae Corp (NVTA) stock is trading at $4.09 as of 9:30 AM on Thursday, Aug 18, a decline of -$0.16, or -3.76% from the previous closing price of $4.25. The stock has traded between $4.09 and $4.12 so far today. Volume today is less active than usual. So far 153,149 shares have traded compared to average volume of 28,008,629 shares. Click Here to get the full Stock Report for Invitae Corp stock.