Does Insight Enterprises (NSIT) Have the Potential to Rally 34.4% as Wall Street Analysts Expect?

Group 1 - Insight Enterprises (NSIT) closed at $139.88, with a 4.9% gain over the past four weeks, and a mean price target of $188 indicates a 34.4% upside potential [1] - The average price targets range from a low of $164.00 to a high of $235.00, with a standard deviation of $40.71, suggesting a potential increase of 17.2% to 68% from the current price [2] - Analysts show strong agreement in revising earnings estimates higher, which correlates with potential stock price movements [4][11] Group 2 - The Zacks Consensus Estimate for the current year has increased by 0.3% over the past month, indicating positive sentiment among analysts [12] - NSIT holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] - While the consensus price target may not be a reliable indicator of the extent of gains, it does suggest a positive direction for price movement [14]