Wells Fargo Analyst Reiterates Buy Rating on Vroom, VRM
Zachary Fadem analyst at Wells Fargo reiterates coverage on Vroom (VRM) in the Consumer Goods sector with a Buy rating. TipRanks.com has Fadem rated as a 5 star analyst with a 73% return on investment and a 27.3% success rate. Fadem has set a price target of $25.
TipRanks.com reports that Vroom currently has 9 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $34.50. The target pricing ranges from a high forecast of $51.00 down to a low forecast of $25.00. Vroom (VRM)’s last closing price was $12.65 which would put the average price target at 34.50% upside.
In addition, TradingView issued a Sell rating for VRM over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a short-term outlook. Remember, securities are volatile, so please do your own research on VRM.
Other analysts covering VRM include:
- Naved Khan of Truist Financial issued a Buy rating with the price target of $40 on 3 weeks ago
- Rajat Gupta CFA of J.P. Morgan issued a Buy rating with the price target of $30 on 3 weeks ago
- Colin Sebastian of Robert W. Baird issued a Buy rating with the price target of $35 on 3 weeks ago
- Scott Devitt of Stifel Nicolaus issued a Buy rating with the price target of $30 on 3 weeks ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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