The upswing in "hnst stock price" correlates with a sector-wide lift following upbeat US retail sales data. Strong consumer spending patterns have historically aligned with gains in small-cap lifestyle brands. In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped HNST earn a Zacks Rank #2 (Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Before you consider Honest, you'll want to hear this. Today’s "hnst stock price" movement reflects broader retail-sector optimism, as consumer sentiment indices improve. Momentum traders are signaling possible upside to $1.55 by end of week if the sector’s growth narrative remains intact.
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