Is the WiseTech share price heading for $200?
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The WiseTech Global Ltd (ASX: WTC) share price has rallied more than 60% this year, having recovered sharply from a rapid sell-off last month.
With the recent ups and downs, analysts and investors alike were questioning the software provider’s future.
Despite the turbulence, brokers still see a path for the WiseTech share price to climb towards the $200 per share club. Let’s take a closer look.
Analysts are bullish on the WiseTech share price
According to CommSec, consensus rates the WiseTech share price a buy, with nine of seventeen analysts sitting on the bullish side of the fence.
Morgan Stanley has increased its price target for WiseTech to $200 in the upside case.
According to The Australian Financial…