Evolv Technologies (EVLV) Upgraded to Strong Buy: What Does It Mean for the Stock?
Evolv Technologies (EVLV) ZACKS·2024-09-17 01:05
Evolv Technologies Holdings, Inc. (EVLV) could be a solid addition to your portfolio given its recent upgrade 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 sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following ye ...