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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).

Image source: Getty Images.

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Source Fool.com

Innodata Inc. Stock

€37.56
0.750%
Innodata Inc. gained 0.750% compared to yesterday.
Innodata Inc. is currently one of the favorites of our community with 10 Buy predictions and no Sell predictions.
With a target price of 84 € there is potential for a 123.64% increase which would mean more than doubling the current price of 37.56 € for Innodata Inc..
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