Wall Street Analysts Believe Iridium (IRDM) Could Rally 52.28%: Here's is How to Trade

Shares of Iridium Communications (IRDM) have gained 2.4% over the past four weeks to close the last trading session at $25.17, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of$38.33 indicates a potential upside of 52.3%.The mean estimate comprises six short-term price targets with a standard deviation of $7.23. While the lowest estimate of$25 indicates a 0.7% decline from the c ...