Cabot (CTRA) Upgraded to Strong Buy: What Does It Mean for the Stock?
CTRACoterra(CTRA) ZACKS·2024-06-20 01:01

Investors might want to bet on Coterra Energy (CTRA) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. The power ...