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ZacksWall Street Analysts See a 26.76% Upside in Equinox Gold (EQX): Can the Stock Really Move This High?
The average of price targets set by Wall Street analysts indicates a potential upside of 26.8% in Equinox Gold (EQX). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
ZacksAll You Need to Know About Equinox Gold (EQX) Rating Upgrade to Buy
Equinox Gold (EQX) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
ZacksAre Investors Undervaluing Equinox Gold (EQX) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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