Bank of America is getting more optimistic on an economic recovery — and it believes the biggest winners in the inflection period could be small-cap stocks.
The average analyst price target on shares suggests 17% additional upside, according to Refinitiv.
The consensus analyst price target is $38.82, which implies shares could rally more than 16% from Friday's close.
URBN YTD mountain Urban Outfitters shares Dental products supplier Patterson Companies also made the list of promising small-cap names as the economy begins an inflection stage.
Four-fifths of analysts covering the stock give it a hold rating, and the average price target suggests only 5.3% upside potential.
Persons:
Jill Carey Hall, Cash, — CNBC's Michael Bloom
Organizations:
of America, Russell, Energy, Northern Oil, Chord Energy, RBC Capital, Oil, Gas, Urban, Urban Outfitters, Patterson Companies
Locations:
U.S, Friday's