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Shares of Evolv Technologies Holdings Inc (Symbol: EVLV) rose to $7.29, surpassing the average analyst 12-month target price of $7.19. The stock’s movement prompted speculation on whether analysts will downgrade valuations or raise target prices in response to company developments.
Analysts within the Zacks coverage universe have varying target prices for EVLV, with a low of $5.50 and a high of $8.25, resulting in a standard deviation of $1.247. The current ratings include 3 Strong Buy, 1 Hold, and 1 Strong Sell, maintaining an average rating of 2.2, where 1 is Strong Buy and 5 is Strong Sell.
Data is sourced from Zacks Investment Research via Quandl.com.
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