Wall Street Analysts Predict a 33.19% Upside in ATN International (ATNI): Here's What You Should Know

Core Viewpoint - ATN International (ATNI) has seen a 16.4% increase in share price over the past four weeks, closing at $27.03, with a mean price target of $36 indicating a potential upside of 33.2% [1] Price Targets and Analyst Consensus - The average price target for ATNI ranges from a low of $30 to a high of $45, with a standard deviation of $7.94, suggesting variability in analyst estimates [1] - A low standard deviation indicates a high degree of agreement among analysts regarding the stock's price movement direction and magnitude [4] Earnings Estimates and Market Sentiment - Analysts have shown increasing optimism about ATNI's earnings prospects, with a 69.5% increase in the Zacks Consensus Estimate for the current year, reflecting two upward revisions and no negative revisions [5] - ATNI holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside [5] Limitations of Price Targets - Price targets set by analysts can often mislead investors, as empirical research shows they rarely indicate actual stock price movements [3] - Analysts may set overly optimistic price targets due to business incentives, which can inflate expectations [3]