HUTCHMED (HCM) Upgraded to Buy: Here's What You Should Know
HUTCHMED(HCM) Zacks Investment Research·2024-05-01 01:00
Investors might want to bet on HUTCHMED (HCM) , as it has been recently upgraded 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.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power of a chang ...