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Wall Street Analysts Think Copa Holdings (CPA) Could Surge 46.75%: Read This Before Placing a Bet
Copa HoldingsCopa Holdings(US:CPA) Zacks Investment Researchยท2024-05-14 14:56

Core Viewpoint - Copa Holdings (CPA) has seen a 10.1% increase in share price over the past four weeks, closing at $106, with a mean price target of $155.56 indicating a potential upside of 46.8% [1] Price Targets - The average price target consists of nine estimates ranging from a low of $138 to a high of $180, with a standard deviation of $15.13, suggesting a potential increase of 30.2% to 69.8% from the current price [2] - A low standard deviation indicates a higher agreement among analysts regarding the price movement of CPA [2][8] Analyst Sentiment - Analysts have shown increasing optimism about CPA's earnings prospects, with a strong consensus in revising EPS estimates higher, which correlates with potential stock price increases [4][10] - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 0.1%, with one estimate moving higher and no negative revisions [11] Zacks Rank - CPA holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, indicating a strong potential for upside in the near term [12]