Ligand (LGND) Moves to Strong Buy: Rationale Behind the Upgrade
LGNDLigand(LGND) Zacks Investment Research·2024-05-14 01:01

Investors might want to bet on Ligand Pharmaceuticals (LGND) , as it has been recently upgraded to a Zacks Rank #1 (Strong 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 yea ...