Allison Transmission (ALSN) Upgraded to Strong Buy: What Does It Mean for the Stock?
Allison(ALSN) Zacks Investment Research·2024-04-19 01:01
Allison Transmission (ALSN) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is 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 years is tracked by the syste ...