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None of These Wall Street Analysts Recommend Buying This AI Stock -- They Might Be Wrong

TheMotleyFool

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None of These Wall Street Analysts Recommend Buying This AI Stock -- They Might Be Wrong: https://g.foolcdn.com/editorial/images/735329/a-digital-rendering-of-a-circuit-board-with-a-chip-in-the-center-with-ai-inscribed-on-it.jpg

When the professionals on Wall Street reach a consensus about whether to buy or sell a stock, it pays to listen more often than not. But in at least one case this year, following the herd of analysts might have resulted in selling Upstart (NASDAQ: UPST) stock right before it made a major move higher.

Upstart has been swept up in the artificial intelligence (AI) frenzy in 2023, which appears to have caught Wall Street off guard. The majority of analysts tracked by The Wall Street Journal still recommend selling the stock, but here's why they might continue to be wrong.

Image source: Getty Images.

Source Fool.com

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