In a report released today, George Sutton from Craig-Hallum maintained a Buy rating on Innodata. The company’s shares closed last Friday at $83.28.
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Sutton covers the Technology sector, focusing on stocks such as Applied Digital Corporation, DeFi Development Corporation, and WhiteFiber, Inc.. According to TipRanks, Sutton has an average return of 28.8% and a 55.85% success rate on recommended stocks.
Currently, the analyst consensus on Innodata is a Strong Buy with an average price target of $77.25, which is a -7.24% downside from current levels. In a report released on October 10, BWS Financial also maintained a Buy rating on the stock with a $110.00 price target.
INOD market cap is currently $2.65B and has a P/E ratio of 66.90.
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- Innodata price target raised to $110 from $74 at BWS Financial
- Innodata: Strong Buy Rating Amidst AI Market Growth and Robust Financial Health