After Plunging -17.18% in 4 Weeks, Here's Why the Trend Might Reverse for Vestis (VSTS)
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Vestis (VSTS) has experienced a significant decline of 17.18% 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.
February 21, 2025 | 3:45 pm
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Vestis (VSTS) has seen a 17.18% 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. Coupled with analysts' positive earnings revisions, this creates a favorable environment for a price rebound.
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