Applied Industrial Technologies (AIT) Upgraded to Buy: What Does It Mean for the Stock?
Applied Industrial Technologies(AIT) ZACKS·2024-08-02 01:00
Applied Industrial Technologies (AIT) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Sinc ...