Wall Street Analysts Think Magnite (MGNI) Could Surge 27.48%: Read This Before Placing a Bet

Magnite (MGNI) closed the last trading session at $11.57, gaining 25.9% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of$ 14.75 indicates a 27.5% upside potential.The average comprises eight short-term price targets ranging from a low of $11 to a high of$ 18, with a standard deviation of $2.38. While the lowest estimate indicates a decline of 4.9% from the current price level, the m ...