Does IREN Limited (IREN) Have the Potential to Rally 57.96% as Wall Street Analysts Expect?
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IREN Limited (IREN) has a consensus price target suggesting a 58% upside potential. Despite skepticism about the effectiveness of price targets, positive earnings estimate revisions could indicate a near-term stock price increase.
February 17, 2025 | 4:00 pm
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IREN Limited has a consensus price target indicating a potential 58% upside. While price targets are often questioned, the upward trend in earnings estimate revisions suggests a possible near-term stock price increase.
The article highlights a significant upside potential for IREN based on analyst price targets. Although price targets alone are not always reliable, the positive revisions in earnings estimates provide a stronger basis for expecting a near-term price increase.
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IMPORTANCE 80
RELEVANCE 100