In recent trading, shares of Quanterix Corp (QTRX) rose to $22.88, surpassing the average analyst 12-month target price of $22.50. This price movement prompts analysts to consider potential adjustments in their valuations or target prices based on the company’s fundamentals.
The average target reflects contributions from four analysts, with estimates ranging from a low of $12.00 to a high of $27.00, and a standard deviation of $7.047. Currently, the analyst ratings include one “Strong Buy,” three “Hold” ratings, and no “Sell” or “Strong Sell” ratings. The average analyst rating is 2.5, indicating a neutral perspective on the stock.
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