Core Viewpoint - Arvinas, Inc. (ARVN) shows significant upside potential with a mean price target of 7.50 [1] Price Targets and Estimates - The mean estimate consists of 17 short-term price targets with a standard deviation of 8 indicates a 6.7% increase, while the highest estimate suggests a 233.3% surge to $25 [2] - A low standard deviation indicates strong agreement among analysts regarding the stock's price movement [9] Analyst Sentiment and Earnings Estimates - Analysts have shown increasing optimism about ARVN's earnings prospects, as evidenced by a positive trend in earnings estimate revisions [11] - The Zacks Consensus Estimate for the current year has risen by 56.9% over the past month, with 11 estimates increasing and one decreasing [12] - ARVN holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13]
Does Arvinas (ARVN) Have the Potential to Rally 94.93% as Wall Street Analysts Expect?