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Stock impact report

Wall Street Analysts Predict a 66.14% Upside in Townsquare (TSQ): Here's What You Should Know [Yahoo! Finance]

Townsquare Media, Inc. Class A (TSQ) 
Last townsquare media, inc. class a earnings: 11/5 07:00 am Check Earnings Report
US:NYSE Investor Relations: townsquaremedia.com/equity-investors
Company Research Source: Yahoo! Finance
in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $16.83 indicates a 66.1% upside potential. The mean estimate comprises three short-term price targets with a standard deviation of $4.25. While the lowest estimate of $12.50 indicates a 23.4% increase from the current price level, the most optimistic analyst expects the stock to surge 107.3% to reach $21. It's very important to note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts. 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. But, for TSQ, an impressive average price target is not the only indicator of a potential upside. Strong agreement am Show less Read more
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