After Plunging -13.91% in 4 Weeks, Here's Why the Trend Might Reverse for Booz Allen (BAH)
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Booz Allen (BAH) has experienced a significant decline of 13.91% over the past four weeks. However, the stock is now in oversold territory, and Wall Street analysts are raising earnings estimates, suggesting a potential trend reversal.
November 19, 2024 | 3:45 pm
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Booz Allen (BAH) has seen a 13.91% decline in the past month, but the stock is now oversold. Analysts are raising earnings estimates, indicating a potential trend reversal.
The stock's oversold status suggests that the selling pressure may have been overdone, and with analysts raising earnings estimates, investor sentiment could improve, leading to a potential price increase.
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