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Vita Coco Company (COCO) Upgraded to Strong Buy: Here's Why
COCOThe Vita o pany(COCO) ZACKS·2024-07-11 17:02

Vita Coco Company, Inc. (COCO) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong 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. The ...