Seagate (STX) Moves to Buy: Rationale Behind the Upgrade
STXSeagate(STX) Zacks Investment Research·2024-04-27 01:00

Seagate (STX) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Individual investors ofte ...