Wall Street Analysts See an 86.88% Upside in TransAlta (TAC): Can the Stock Really Move This High?

TransAlta (TAC) closed the last trading session at $7.24, gaining 4.5% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of$ 13.53 indicates an 86.9% upside potential. While the consensus price target is highly sought after by investors, the ability and unbiasedness of analysts in setting price targets have long been questionable. And investors making investment decisions solely based o ...