Wall Street Analysts Predict a 40.4% Upside in Deluxe (DLX): Here's What You Should Know

Core Viewpoint - Deluxe (DLX) shares have increased by 24% in the past four weeks, closing at $23.27, with a potential upside of 40.4$32.67 [1][12] Price Targets - The average price target consists of three estimates ranging from a low of $28 to a high of$38, with a standard deviation of $5.03, indicating variability among analysts [2] - The lowest estimate suggests a 20.3% increase from the current price, while the highest indicates a 63.3% upside [2] Analyst Sentiment - Analysts show strong agreement in revising earnings estimates higher, which correlates with potential stock price increases [4][9] - Over the last 30 days, the Zacks Consensus Estimate for the current year has risen by 5.4%, with no negative revisions [10] Zacks Rank - DLX holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, suggesting a strong potential upside [11] Caution on Price Targets - Solely relying on consensus price targets for investment decisions may not be wise, as analysts' price targets can often be overly optimistic due to business incentives [3][6][8]