Recent extremely meaningful positive changes in investment behavior have benefitted Fulton Financial Corp (NASDAQ: FULT): positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.
Fulton Financial Corp (NASDAQ: FULT) has recently enjoyed meaningful positive changes in fundamentals: the stock’s power rating rose above 70, and significant quarterly sales acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, FULT is expected to continue to be a Value Builder.
Fulton Financial has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Fulton Financial has a good Appreciation Score of 76 and a very high Power Rating of 87, leading to the Highest Value Trend Rating.
Recent Price Action
On 1/3/24, Fulton Financial Corp (NASDAQ: FULT) stock declined by -3.6%, closing at $15.93. Trading volume in this decline was normal. The stock has declined -4.3% during the last week but has been exceptionally strong relative to the market over the last nine months.
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