Gitlab (GTLB) Upgraded to Buy: What Does It Mean for the Stock?
GTLBGitlab (GTLB) ZACKS·2024-06-08 01:01

GitLab Inc. (GTLB) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Since a changing earning ...