Can Amalgamated Financial (AMAL) Run Higher on Rising Earnings Estimates?
Amalgamated Financial (AMAL) ZACKS·2024-10-30 01:20
Investors might want to bet on Amalgamated Financial (AMAL) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook. Analysts' growing optimism on the earnings prospects of this bank is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estima ...