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Where Does Wall Street Think Novavax Inc (NVAX) Stock Will Go?

Thursday, February 08, 2024 10:15 AM | InvestorsObserver Analysts

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Where Does Wall Street Think Novavax Inc (NVAX) Stock Will Go?

InvestorsObserver is giving Novavax Inc (NVAX) an Analyst Rating Rank of 20, meaning NVAX is ranked higher by analysts than 20% of stocks. The average price target for NVAX is $19.4 and analyst’s rate the stock as a Buy.

Overall Score - 3.5
Wall Street analysts are rating NVAX a Buy today. Find out what this means to you and get the rest of the rankings on NVAX!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Novavax Inc Stock Today?

Novavax Inc (NVAX) stock is trading at $3.70 as of 10:00 AM on Thursday, Feb 8, a loss of -$0.08, or -2.13% from the previous closing price of $3.78. The stock has traded between $3.60 and $3.71 so far today. Volume today is light. So far 996,627 shares have traded compared to average volume of 7,738,667 shares. Click Here to get the full Stock Report for Novavax Inc stock.

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