ODP Corp. (ODP) Upgraded to Strong Buy: What Does It Mean for the Stock?
ODPThe ODP (ODP) Zacks Investment Research·2024-05-16 01:01

ODP Corp. (ODP) appears an attractive pick, as it has been recently upgraded 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. 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 system. The power o ...