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Stock impact report

3 of Wall Street's Favorite Stocks Walking a Fine Line [Yahoo! Finance]

Skillz Inc. Class A (SKLZ) 
Company Research Source: Yahoo! Finance
While this suggests attractive upside potential, it's important to remain skeptical because analysts face institutional pressures that can sometimes lead to overly optimistic forecasts. Luckily for you, we at StockStory have no conflicts of interest - our sole job is to help you find genuinely promising companies. Keeping that in mind, here are three stocks where Wall Street's estimates seem disconnected from reality and some better opportunities to consider. Skillz (SKLZ) Consensus Price Target: $10.75 (40.8% implied return) Taking a new twist at video gaming, Skillz (NYSE:SKLZ) offers developers a platform to create and distribute mobile games where players can pay fees to compete for cash prizes. Why Do We Avoid SKLZ? Value proposition isn't resonating strongly as its paying monthly active users averaged 24.5% drops over the last two years Increased cash burn over the last few years raises questions about the return timeline for its investments Unfavorable liquidity Show less Read more
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