Why Innodata Stock Crushed It Today
There was nothing artificial about the more than 9% rise of artificial intelligence (AI) company (NASDAQ: INOD). A well-known analyst raised his price target significantly on the stock, and investors took this to heart by buying into it. That nearly double-digit increase in share price trounced the S 500 index, with its 0.4% increase on the day.
The raiser was none other than Dan Ives of Wedbush, a closely followed analyst (at least in the tech world).
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Source Fool.com
Innodata Inc. Stock
€48.78
-0.800%
With 10 Buy predictions and not the single Sell prediction the community is currently very high on Innodata Inc..
As a result the target price of 74 € shows a very positive potential of 51.7% compared to the current price of 48.78 € for Innodata Inc..
