Ouster (OUST) Upgraded to Strong Buy: What Does It Mean for the Stock?
OUSTOuster(OUST) Zacks Investment Research·2024-05-10 01:01

Ouster, Inc. (OUST) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.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 ...