How Long Will These 2 Stocks Remain Hot?

Conduent Incorporated (NYSE:CNDT) shares ended at $18.08 with 3.23 mln shares exchanging hands. That puts the market capitalization at $4.1 bln. It opened the session with a $18.2 price tag, later ranging from $18.015 to $18.27, the range at which the stock has traded at throughout the day. The stock stands nearly -14.15% off versus the 52-week high and 20.94% away from the 52-week low. The number of shares currently owned by investors are 226.74 mln.

Sell-side analyst recommendations point to a short term price target of $23.22 on the shares of Conduent Incorporated (CNDT). The consensus rating is 2.2, suggesting the market has given up on the stock.

Source: How Long Will These 2 Stocks Remain Hot? – Conduent Incorporated (CNDT), NGL Energy Partners LP (NGL) / Analyst Journal

Leave a Reply

Your email address will not be published. Required fields are marked *