Core Viewpoint - IdaCorp (IDA) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system is based on changes in earnings estimates, which are closely correlated with near-term stock price movements [4][6]. - For the fiscal year ending December 2025, IdaCorp is expected to earn $5.85 per share, with a 0.2% increase in the Zacks Consensus Estimate over the past three months [8]. Investment Implications - The upgrade reflects an improvement in IdaCorp's underlying business, suggesting that investor sentiment may lead to increased stock prices [5][10]. - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with only the top 20% receiving a "Strong Buy" or "Buy" rating, indicating a strong potential for market-beating returns [9][10].

Core Viewpoint - Rithm (RITM) shares have increased by 3.1% in the past four weeks, closing at $11.33, with a potential upside of 25.4% based on Wall Street analysts' mean price target of $14.21 [1] Price Targets - The average price target consists of seven estimates ranging from a low of $12.50 to a high of $16.00, with a standard deviation of $1.19, indicating a potential increase of 10.3% to 41.2% from the current price [2] - A low standard deviation suggests a high degree of agreement among analysts regarding the stock's price movement [9] Analyst Sentiment - Analysts are optimistic about RITM's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which historically correlates with stock price movements [4][11] - The Zacks Consensus Estimate for the current year has risen by 0.2% over the past month, with one estimate increasing and no negative revisions [12] Zacks Rank - RITM holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, suggesting a strong potential upside [13] Caution on Price Targets - While price targets are a common metric, they should be approached with skepticism as they can mislead investors; analysts may set overly optimistic targets due to business incentives [3][8][10]

ScanSource (SCSC) closed the last trading session at $41.87, gaining 2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $53 indicates a 26.6% upside potential.The average comprises three short-term price targets ranging from a low of $43.00 to a high of $66.00, with a standard deviation of $11.79. While the lowest estimate indicates an increase of 2.7% from the current price level, ...

Oddity Tech (ODD) closed the last trading session at $43.14, gaining 0.8% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $68 indicates a 57.6% upside potential.The mean estimate comprises 11 short-term price targets with a standard deviation of $11.73. While the lowest estimate of $46.00 indicates a 6.6% increase from the current price level, the most optimistic analyst expects th ...

Core Viewpoint - Enliven Therapeutics, Inc. (ELVN) has seen an 8.2% increase in share price over the past four weeks, closing at $20.56, with a potential upside of 101.3% based on Wall Street analysts' mean price target of $41.38 [1][12]. Price Targets - The average price target consists of eight estimates ranging from a low of $33.00 to a high of $52.00, with a standard deviation of $6.52, indicating a potential increase of 60.5% to 152.9% from the current price [2][9]. - A low standard deviation suggests a high degree of agreement among analysts regarding the stock's price movement, which can serve as a starting point for further research [2][9]. Analyst Sentiment - Analysts are optimistic about ELVN's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which has shown a strong correlation with near-term stock price movements [4][11]. - The Zacks Consensus Estimate for the current year has increased by 9% over the past month, with two estimates revised upward and no negative revisions [12]. Zacks Rank - ELVN holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, which further supports the stock's potential upside [13]. Conclusion on Price Targets - While the consensus price target may not be a reliable indicator of the extent of ELVN's potential gains, it does provide a useful guide for the direction of price movement [14].

Core Viewpoint - Adtalem Global Education (ATGE) shares have increased by 2.2% recently, with analysts suggesting a potential upside of 76.6% based on a mean price target of $166.5 [1] Price Targets and Analyst Estimates - The mean estimate includes four short-term price targets with a standard deviation of $7.51, indicating a range of estimates from $158.00 (67.6% increase) to $175.00 (85.6% increase) [2] - A low standard deviation suggests a strong agreement among analysts regarding the stock's price movement [2][9] Earnings Estimates and Market Sentiment - Analysts are optimistic about ATGE's earnings prospects, with a positive trend in earnings estimate revisions, which historically correlates with stock price movements [4][11] - Over the past 30 days, one earnings estimate has increased, leading to a 0.8% rise in the Zacks Consensus Estimate for the current year [12] Zacks Rank and Investment Potential - ATGE holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside [13] - While consensus price targets may not be entirely reliable, the implied direction of price movement appears to be a useful guide for investors [14]

Core Viewpoint - Badger Meter (BMI) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system is based on changes in earnings estimates, which are closely correlated with stock price movements [4][6]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in buying or selling actions that affect stock prices [4]. Company Performance Indicators - For the fiscal year ending December 2025, Badger Meter is expected to earn $4.80 per share, with a 1.7% increase in the Zacks Consensus Estimate over the past three months [8]. - The upgrade reflects an improvement in Badger Meter's underlying business, suggesting that investors may push the stock price higher due to this positive trend [5]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have generated an average annual return of +25% since 1988 [7]. - Badger Meter's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10].

Allot Communications (ALLT) closed the last trading session at $9.46, gaining 0.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $13.5 indicates a 42.7% upside potential.The mean estimate comprises three short-term price targets with a standard deviation of $1.32. While the lowest estimate of $12.50 indicates a 32.1% increase from the current price level, the most optimistic anal ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Twilio (TWLO) .Twilio currently has an average brokerage recommen ...

Core Viewpoint - Brokerage recommendations, particularly for Carvana (CVNA), suggest a favorable outlook, but reliance solely on these recommendations may not be prudent due to potential biases from brokerage firms [5][11]. Group 1: Brokerage Recommendations - Carvana has an average brokerage recommendation (ABR) of 1.63, indicating a position between Strong Buy and Buy, based on 23 brokerage firms [2]. - Of the 23 recommendations, 14 are Strong Buy and 3 are Buy, accounting for 60.9% and 13% of all recommendations respectively [2]. Group 2: Limitations of Brokerage Recommendations - Studies indicate that brokerage recommendations often do not effectively guide investors towards stocks with the highest potential for price appreciation [5]. - Analysts from brokerage firms tend to exhibit a strong positive bias in their ratings, issuing five "Strong Buy" recommendations for every "Strong Sell" [6][11]. Group 3: Zacks Rank vs. ABR - The Zacks Rank, which classifies stocks from 1 (Strong Buy) to 5 (Strong Sell), is a more reliable indicator of near-term price performance compared to ABR [8][12]. - The Zacks Rank is based on earnings estimate revisions, which have shown a strong correlation with stock price movements, unlike the ABR that may not be up-to-date [13]. Group 4: Current Earnings Estimates for Carvana - The Zacks Consensus Estimate for Carvana's current year earnings remains unchanged at $4.85, suggesting stable analyst views on the company's earnings prospects [14]. - Due to the unchanged consensus estimate, Carvana holds a Zacks Rank of 3 (Hold), indicating a cautious approach despite the favorable ABR [15].