Wall Street Analysts Think MBIA (MBI) Could Surge 33.78%: Read This Before Placing a Bet

MBIA (MBI) closed the last trading session at $5.98, gaining 53.3% 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 $8 indicates a 33.8% upside potential.The mean estimate comprises three short-term price targets with a standard deviation of $4.44. While the lowest estimate of $4.50 indicates a 24.8% decline from the current price level, the most optimistic analyst expects the stock ...