Shares of Golden Entertainment (GDEN) have gained 15.4% over the past four weeks to close the last trading session at $49.71, 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 $62.67 indicates a potential upside of 26.1%.
The average comprises three short-term price targets ranging from a low of $58 to a high of $70, with a standard deviation of $6.43. While the lowest estimate indicates an increase of 16.7% from the current price level, the most optimistic estimate points to a 40.8% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the