Core Viewpoint - Byrna Technologies Inc. (BYRN) has seen a 5.7% increase in stock price over the past four weeks, closing at 36.17 indicating a potential upside of 77% [1] Price Targets and Analyst Estimates - The mean estimate consists of three short-term price targets with a standard deviation of 33 suggests a 61.5% increase, and the highest estimate of $38 indicates an 86% surge [2] - A low standard deviation signifies strong agreement among analysts regarding the stock's price movement, which can serve as a starting point for further research [8] Earnings Estimates and Analyst Optimism - Analysts show strong agreement in revising earnings estimates higher, which correlates with potential stock price increases [10] - Over the last 30 days, two earnings estimates for BYRN have increased, leading to a Zacks Consensus Estimate rise of 11.3% [11] Zacks Rank and Investment Potential - BYRN 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 [12]
Wall Street Analysts See a 77.04% Upside in Byrna Technologies (BYRN): Can the Stock Really Move This High?