Wall Street Analysts See a 31.74% Upside in Integer (ITGR): Can the Stock Really Move This High?

Core Viewpoint - Integer (ITGR) shares have increased by 1% over the past four weeks, closing at $107.87, with a mean price target of $142.11 indicating a potential upside of 31.7% according to Wall Street analysts [1][2]. Price Targets and Analyst Consensus - The mean estimate consists of nine short-term price targets with a standard deviation of $7.59, where the lowest estimate is $132.00 (22.4% increase) and the highest is $155.00 (43.7% increase) [2]. - A low standard deviation suggests a strong agreement among analysts regarding the stock's price movement, which can serve as a starting point for further research [9]. Earnings Estimates and Market Sentiment - Analysts show strong agreement in revising earnings per share (EPS) estimates higher, which correlates with potential stock price increases [11]. - Over the last 30 days, the Zacks Consensus Estimate for the current year has risen by 0.1%, with one estimate moving higher and no negative revisions [12]. Zacks Rank and Investment Potential - ITGR holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13]. - While consensus price targets may not be entirely reliable, the direction they imply appears to be a good guide for potential price movement [14].