How Much Upside is Left in Cannae (CNNE)? Wall Street Analysts Think 25.94%

Group 1 - Cannae Holdings, Inc. (CNNE) shares have increased by 11.3% over the past four weeks, closing at $21.70, with a mean price target of$27.33 indicating a potential upside of 25.9% [1] - The average price targets range from a low of $27 to a high of$28, with a standard deviation of $0.58, suggesting a relatively high agreement among analysts regarding the stock's price movement [2][7] - Analysts are optimistic about CNNE's earnings prospects, as indicated by upward revisions in earnings estimates, which have shown a strong correlation with near-term stock price movements [4][9] Group 2 - The Zacks Consensus Estimate for CNNE has increased by 1.7% over the last 30 days, with no negative revisions, indicating positive sentiment among analysts [10] - CNNE 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] - While consensus price targets may not be reliable for predicting the exact price movement, they can provide a useful directional guide for investors [12]