Wall Street Analysts Believe Atlas Lithium Corporation (ATLX) Could Rally 246.31%: Here's is How to Trade

Core Viewpoint - Atlas Lithium Corporation (ATLX) shows significant upside potential with a mean price target of $27.67, indicating a 246.3$7.99 [1] Price Target Analysis - The average price target consists of three estimates ranging from a low of $19 to a high of$45, with a standard deviation of $15.01, suggesting a variability in analyst predictions [2] - The lowest estimate indicates a potential increase of 137.8%, while the highest suggests a 463.2% upside [2] Analyst Sentiment - There is strong agreement among analysts regarding ATLX's ability to report better earnings than previously predicted, which supports the view of potential upside [4] - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 2.5%, with one estimate moving higher and no negative revisions [10] Zacks Rank - ATLX holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, indicating a strong potential for upside in the near term [11]