Zack's is #$%$. They upgraded HMST 11/2 from neutral to outperform, then HMST beat Zack's estimate for earnings and Zack's downgraded them back to neutral on Jan. 1. Even though Zack's hasn't upgraded HMST since they downgraded them in January, they issued another downgrade Feb. 28 (yesterday) downgrading them from outperform to neutral, even though they already had them at neutral. Their target price is $29.90. I hold another stock, ATRS, that Zack's ADDS to it's it's list of downgrades every Friday. How many times can you ADD something to a list? I think Zack's is in bed with some hedge fund.
Sentiment: Strong Buy