In a report released today, Andrew Boone from JMP Securities maintained a Buy rating on Rover Group (ROVR – Research Report), with a price target of $6.00. The company’s shares closed yesterday at $4.05.
According to TipRanks, Boone is an analyst with an average return of -26.5% and a 16.74% success rate. Boone covers the Technology sector, focusing on stocks such as Alphabet Class A, Upstart Holdings, and Taboola.com.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Rover Group with a $6.19 average price target.
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The company has a one-year high of $8.31 and a one-year low of $3.14. Currently, Rover Group has an average volume of 514.6K.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ROVR in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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