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Wall Street Analysts See a 30.85% Upside in Carter Bankshares (CARE): Can the Stock Really Move This High?
CARECarter Bankshares(CARE) Zacks Investment Research·2024-05-02 14:55

Shares of Carter Bankshares, Inc. (CARE) have gained 4.8% over the past four weeks to close the last trading session at 12.74,buttherecouldstillbeasolidupsideleftinthestockifshorttermpricetargetsofWallStreetanalystsareanyindication.Goingbythepricetargets,themeanestimateof12.74, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of 16.67 indicates a potential upside of 30.9%.The average comprises three short-term price targets ranging from a low of 13toahighof13 to a high of 20, with a standard deviation of $3.51. While the lowest estimate i ...