Workflow
Top 2 Analyst Picks: Stocks Poised for Double-Digit Growth
CHWYChewy(CHWY) MarketBeat·2024-10-10 14:08

Analysts' sentiment is important in determining the right time to buy stock. However, the trend in sentiment and coverage is more important than the consensus rating. A Moderate Buy or Buy rating doesn't mean as much if recent revisions include downgrades, price target revisions, and lapsed coverage. Those are headwinds for stock prices that can signal a top and a high potential for bearish reversals. A stock with a consensus rating of sell with recent upgrades and price target increases would be a better c ...