Does NioCorp Developments Ltd. (NB) Have the Potential to Rally 118.48% as Wall Street Analysts Expect?

The average of price targets set by Wall Street analysts indicates a potential upside of 118.5% in NioCorp Developments Ltd. (NB). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.