Outfront Media (OUT) Loses -10.74% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
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Outfront Media (OUT) has experienced a significant decline of 10.74% over the past four weeks, leading to an oversold status. This, along with positive revisions in earnings estimates by analysts, suggests a potential trend reversal for the stock.
January 14, 2025 | 4:00 pm
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Outfront Media has seen a 10.74% decline in its stock price over the past month, reaching an oversold status. Analysts are revising earnings estimates upwards, indicating a potential trend reversal.
The stock's oversold status suggests that the selling pressure may have been exhausted. Coupled with analysts' upward revisions of earnings estimates, this creates a favorable environment for a potential price rebound.
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