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Wall Street Analysts Believe Travelzoo (TZOO) Could Rally 39.3%: Here's is How to Trade
TravelzooTravelzoo(US:TZOO) ZACKSยท2024-07-29 14:55

Group 1 - The consensus price target for Travelzoo (TZOO) indicates a potential upside, with a mean target of $14 suggesting a 39.3% increase from the current price of $10.05 [10] - Analysts have shown a strong agreement in revising TZOO's earnings estimates higher, which correlates with potential near-term stock price movements [7][8] - TZOO has a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, indicating a solid potential upside [9] Group 2 - The average short-term price targets for TZOO range from $12 to $17, with a standard deviation of $2.65, reflecting a high degree of agreement among analysts [11] - The stock has gained 32.4% over the past four weeks, suggesting positive momentum that could continue if analyst targets are met [10] - A tight clustering of price targets, indicated by a low standard deviation, suggests analysts have a consensus on the direction and magnitude of TZOO's price movement [5]