Can Gray Media (GTN) Climb 31.84% to Reach the Level Wall Street Analysts Expect?

Group 1 - Gray Media (GTN) closed at $5.12, with a 24.9% gain over the past four weeks, and a mean price target of $6.75 indicating a 31.8% upside potential [1] - The mean estimate includes four short-term price targets with a standard deviation of $1.89, where the lowest estimate is $4 (21.9% decline) and the highest is $8 (56.3% increase) [2] - Analysts show strong agreement on GTN's ability to report better earnings, with a positive trend in earnings estimate revisions suggesting potential upside [4][9] Group 2 - The Zacks Consensus Estimate for GTN has increased by 3.6% due to one upward revision in the last 30 days, with no negative revisions [10] - GTN holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [11] - While consensus price targets may not be reliable for predicting exact gains, they can indicate the direction of price movement [12]