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How Much Upside is Left in Mach Natural Resources LP (MNR)? Wall Street Analysts Think 45.66%

Core Viewpoint - Mach Natural Resources LP (MNR) has shown a slight increase of 0.2% in the last four weeks, with a mean price target of $23.67 indicating a potential upside of 45.7% from its current price of $16.25 [1] Price Targets and Estimates - The mean estimate consists of three short-term price targets with a standard deviation of $1.53, where the lowest estimate of $22 suggests a 35.4% increase, and the highest estimate of $25 indicates a potential surge of 53.9% [2] - A low standard deviation among price targets signifies a high degree of agreement among analysts regarding the stock's price movement direction and magnitude [7] Analyst Sentiment and Earnings Estimates - Analysts are optimistic about MNR's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which has shown a strong correlation with near-term stock price movements [9] - Over the past 30 days, the Zacks Consensus Estimate for the current year has increased by 2.4%, with one estimate moving higher and no negative revisions [10] Zacks Rank and Investment Potential - MNR currently holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates, suggesting a strong potential upside in the near term [11]