Wall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential. However, it’s worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover.

Unlike the investment banks, we created StockStory to provide independent analysis that helps you determine which companies are truly worth following. Keeping that in mind, here are three stocks where Wall Street’s estimates seem disconnected from reality and some better opportunities to consider.

Marvell Technology (MRVL)

Consensus Price Target: $103.36 (69.7% implied return)

Moving away from a low margin storage device management chips in one of the biggest semiconductor business model pivots of the past decade, Marvell Technology (NASDAQ: MRVL) is a fabless designer of special purpose data processing and networking chips used by data centers, communications carriers, enterprises, and autos.

Why Does MRVL Worry Us?

1. Annual sales declines of 1.3% for the past two years show its products and services struggled to connect with the market during this cycle

2. Persistent operating losses suggest the business manages its expenses poorly

3. Negative returns on capital show that some of its growth strategies have backfired, and its falling returns suggest its earlier profit pools are drying up

Marvell Technology is trading at $60.89 per share, or 21.9x forward P/E. Read our free research report to see why you should think twice about including MRVL in your portfolio, it’s free .

Victoria's Secret (VSCO)

Consensus Price Target: $23.86 (25.9% implied return)

Spun off from L Brands in 2020, Victoria’s Secret (NYSE:VSCO) is an intimate clothing and beauty retailer that sells its own brands of lingerie, undergarments, and personal fragrances.

Why Are We Hesitant About VSCO?

1. Disappointing same-store sales over the past two years show customers aren’t responding well to its product selection and store experience

2. Demand will likely be weak over the next 12 months as Wall Street expects flat revenue

3. Responsiveness to unforeseen market trends is restricted due to its substandard operating profitability

Victoria's Secret’s stock price of $18.96 implies a valuation ratio of 6.9x forward P/E. Check out our free in-depth research report to learn more about why VSCO doesn’t pass our bar .

Alight (ALIT)

Consensus Price Target: $10.13 (94.7% implied return)

Born from a corporate spinoff in 2017 to focus on employee experience technology, Alight (NYSE:ALIT) provides human capital management solutions that help companies administer employee benefits, payroll, and workforce management systems.