Group 1 - Tree.com (TREE) shares have increased by 27.3% over the past four weeks, closing at $51.41, with a mean price target of $66 indicating a potential upside of 28.4% [1] - The average price targets from analysts range from a low of $58 to a high of $72, with a standard deviation of $4.87, suggesting a relatively high agreement among analysts regarding the stock's price direction [2][9] - Analysts are optimistic about TREE'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 [4][11] Group 2 - Over the last 30 days, three earnings estimates for TREE have been revised upward, resulting in a Zacks Consensus Estimate increase of 111.3% [12] - TREE holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside [13] - While consensus price targets may not be entirely reliable, the direction they imply appears to be a good guide for potential price movement [13]
Wall Street Analysts See a 28.38% Upside in Tree.com (TREE): Can the Stock Really Move This High?