How Much Upside is Left in SPX Technologies (SPXC)? Wall Street Analysts Think 27.76%
A Zacks Research report notes that the mean of Wall Street analysts' price targets for SPX Technologies (SPXC) points to roughly 27.8% upside in the stock. It also notes strong agreement among analysts in raising earnings estimates, which the report says indicates upside, though the price-target metric itself has not proven highly effective.
Why it matters — SPXC watchers would care because analyst price targets and a consensus of upward earnings estimate revisions signal the degree of upside Wall Street currently sees in the stock.