From Nasdaq:



Bank OZK has been upgraded to a Zacks Rank #2 (Buy), indicating a positive earnings outlook. The Zacks rating system classifies stocks based on earnings estimate revisions, which has been shown to strongly correlate with short-term stock movements. The Zacks Rank #2 for Bank OZK signifies an improvement in the company’s underlying business, which should drive the stock higher. Analysts have steadily raised their estimates for Bank OZK, with a 1.4% increase in the Zacks Consensus Estimate for the company over the past three months. The stock is positioned in the top 20% of Zacks-covered stocks for estimate revisions, suggesting potential for near-term gains. This makes it a solid candidate for market-beating returns.

The Zacks rating system, which has an impressive track record, equally maintains ‘buy’ and ‘sell’ ratings for its entire universe of 4000 stocks, with only the top 5% receiving a ‘Strong Buy’ rating and the next 15% a ‘Buy’ rating. This ensures a balanced and unbiased approach to stock ratings. The upgrade of Bank OZK to a Zacks Rank #2 indicates its superior estimate revision feature, positioning it as a strong candidate for potential market gains.



Read more: Bank OZK (OZK) Upgraded to Buy: What Does It Mean for the Stock?