Does Applied Digital Corporation (APLD) Have the Potential to Rally 37.48% as Wall Street Analysts Expect?
Applied Digital (APLD) ZACKS·2024-11-08 23:55
Shares of Applied Digital Corporation (APLD) have gained 13.1% over the past four weeks to close the last trading session at $7.79, 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 $10.71 indicates a potential upside of 37.5%.The mean estimate comprises seven short-term price targets with a standard deviation of $1.11. While the lowest estimate of $9 indicates a 15.5% increase fr ...