Can Alerus (ALRS) Run Higher on Rising Earnings Estimates?
ALRSAlerus(ALRS) Zacks Investment Research·2024-02-01 02:20

Alerus (ALRS) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near- ...