Tag: Finance

Earnings Estimates Rising for Horizon Technology Finance (HRZN): Will It Gain?

Investors might want to bet on Horizon Technology Finance (HRZN), as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.

The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this investment company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. This insight is at the core of our stock rating

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