2 Stocks With 127% to 249% Upside, According to Wall Street
In 2021, the S&P 500 had a stellar year, jumping more than 25%. But some high-growth stocks did not have the same strong performance. Many got crushed in 2021, yet analysts still see a bright future for some of these stocks.
RBC Capital's Matthew Swanson has a price target of $56 for PubMatic (NASDAQ: PUBM), which implies a whopping 127% upside. Credit Suisse's (NYSE:CS) Timothy Chiodo has an even brighter outlook on Riskified (NYSE: RSKD) in the short term with a price target of $22, implying 249% upside. While long-term investors should be focused on three to five years into the future, it's worth looking at some companies that analysts think could perform well in the next year.
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Source Fool.com
