Arco Platform Limited (ARCE) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Investing in stocks inevitably means buying into some companies that perform poorly. Long term Arco Platform Limited...
The consensus price target hints at a 93.3% upside potential for Arco Platform Limited (ARCE). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.