From Nasdaq:



MeiraGTx Holdings PLC (MGTX) stocks have gained 30.4%, closing at $7.07, with short-term targets suggesting a potential 221.8% upside. Despite the skepticism over unreliable price target predictions, there is strong agreement between analysts, which suggests a potential stock surge. Impressive earnings prospect consensus is supported by an increase in Zacks Consensus Estimate.

The analysts have a strong optimism about MGTX, as the company’s earnings prospect shows promising potential for upward movement. Researchers found that the consensus price target is often misleading, yet the high earnings estimate revision trend from Zacks and a strong ranking provides a good guide of the direction of price movement. Therefore, MGTX could be a strong buy for investors looking for a favorable return on investment in the near term.



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