Costamare (CMRE) Upgraded to Strong Buy: What Does It Mean for the Stock?
CMRECostamare(CMRE) zacks.com·2024-05-17 01:01

Costamare (CMRE) could be a solid choice for investors 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. 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. Since a ...