Shares of Nova Ltd. (NASDAQ:NVMI) are currently rated as a “Moderate Buy” by nine analysts covering the stock, according to Marketbeat.com. Among these, six analysts have issued buy ratings while three have assigned hold ratings. The consensus 12-month price target for the stock stands at $348.57.
This range of analyst opinions reflects a generally positive outlook on Nova Ltd.’s performance and future prospects. Investors can consider these ratings alongside other market factors when making investment decisions.
**Why this matters:**
Analyst ratings and price targets provide insight into market expectations for a company’s stock. The moderate buy consensus and target price indicate that experts see potential for growth in Nova Ltd., which may influence investor sentiment and trading activity.
Source: NewsData