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Wall Street Analysts See a 27.56% Upside in Kelly Services (KELYA): Can the Stock Really Move This High?
KELYAKelly Services(KELYA) ZACKS·2024-07-22 23:00

While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's because the ability and unbiasedness of analysts in setting price targets have long been questionable. While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why? There has been incr ...