atai Life Sciences (ATAI) Upgraded to Buy: Here's Why
atai Life Sciences (ATAI) Upgraded to Buy: Here's Why
Investors might want to bet on atai Life Sciences N.V. (ATAI), as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings
When earnings expectations go up, the fair value of a company usually goes up as well. This makes institutional investors acquire shares snow road 3d. On the other hand, a drop in earnings projections decreases the fair value, which puts pressure on people to sell.
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