Wall Street Analysts Think Business First (BFST) Could Surge 27.42%: Read This Before Placing a Bet

Group 1 - Business First (BFST) shares have increased by 4.7% over the past four weeks, closing at $24.25, with a mean price target of $30.9 indicating a potential upside of 27.4% [1] - The mean estimate consists of five short-term price targets with a standard deviation of $0.74, where the lowest estimate suggests a 23.7% increase and the highest predicts a 32% surge to $32.00 [2] - Analysts show strong agreement on BFST's ability to report better earnings, with a positive trend in earnings estimate revisions, which is a strong indicator of potential stock upside [4][11] Group 2 - The Zacks Consensus Estimate for BFST has increased by 1.3% due to two upward revisions in earnings estimates over the last 30 days, with no negative revisions [12] - BFST holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating a strong potential upside [13] - While the consensus price target may not be a reliable indicator of the extent of potential gains, it does provide a useful guide for price movement direction [14]