Down -12.39% in 4 Weeks, Here's Why Glacier Bancorp (GBCI) Looks Ripe for a Turnaround
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Glacier Bancorp (GBCI) has experienced a 12.39% decline over the past four weeks, but it may be poised for a turnaround. The stock is in oversold territory, and Wall Street analysts are revising earnings estimates higher, suggesting a potential trend reversal.
January 09, 2025 | 4:00 pm
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Glacier Bancorp (GBCI) is in oversold territory after a 12.39% decline, with analysts revising earnings estimates higher, indicating a potential trend reversal.
The stock's oversold status and upward revisions in earnings estimates by analysts suggest that the selling pressure may have exhausted, making it likely for the stock to experience a positive price movement in the short term.
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