Wall Street Analysts Predict a 28.04% Upside in Iridium (IRDM): Here's What You Should Know
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Wall Street analysts predict a 28.04% upside for Iridium (IRDM) based on consensus price targets. Despite skepticism about the effectiveness of price targets, upward earnings estimate revisions suggest potential near-term gains.
February 17, 2025 | 4:00 pm
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Analysts have set a consensus price target indicating a 28.04% upside for Iridium (IRDM). While price targets are often questioned, the upward trend in earnings estimate revisions suggests potential near-term stock gains.
The article highlights a significant 28.04% upside potential for IRDM 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 short-term stock price increases.
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