Repligen (RGEN) Upgraded to Strong Buy: Here’s Why

Repligen (RGEN) Upgraded to Strong Buy: Here's Why
This story originally appeared on Zacks

Repligen (RGEN) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.

Repligen (RGEN) Upgraded to Strong Buy: Here's Why – Zacks

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 changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analysts, as these are mostly driven by subjective factors that are hard to…

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