Stock Rating Downgrade
The Value Trend Rating for Innoviva Inc (NASDAQ: INVA) weakened recently from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
On 3/7/25, Innoviva Inc (NASDAQ: INVA) stock rose slightly by 0.3%, closing at $17.64. Moreover, trading volume in this advance was exceptionally high at 247% of normal. The stock has performed in line with the market over the last nine months and has risen 0.5% during the last week.
Current PriceTarget Research Rating
Innoviva has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Innoviva has a slightly positive Appreciation Score of 63 but a slightly negative Power Rating of 40, with the Neutral Value Trend Rating the result.
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