Wall Street Analysts See a 90% Upside in Backblaze (BLZE): Can the Stock Really Move This High?

Backblaze, Inc. (BLZE) closed the last trading session at $5.70, gaining 25.6% 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 $10.83 indicates a 90% upside potential.The average comprises six short-term price targets ranging from a low of $8 to a high of $14, with a standard deviation of $1.94. While the lowest estimate indicates an increase of 40.4% from the current price level, ...