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Shares of Nova Ltd (Symbol: NVMI) traded at $133.66 each, exceeding the average analyst 12-month target price of $133.00 on October 6, 2023. This marks a pivotal moment for investors, prompting them to assess whether the stock’s price is poised for further increase or if it’s time to take profits.
Currently, there are five analysts covering Nova Ltd, with target prices ranging from $110.00 to $150.00 and a standard deviation of $15.652. As of the latest ratings, there are four strong buy ratings, one hold rating, and no sell or strong sell ratings, yielding an average rating of 1.4 on a scale where 1 is Strong Buy and 5 is Strong Sell.
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