Wall Street Analysts See a 54.05% Upside in REE Automotive (REE): Can the Stock Really Move This High?

Shares of REE Automotive Ltd. (REE) have gained 128.2% over the past four weeks to close the last trading session at $7.53, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $11.60 indicates a potential upside of 54.1%. The average comprises five short-term price targets ranging from a low of $4 to a high of $18, with a standard deviation of $5.86. While the lowest estimate indica ...