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Strength Seen in Forrester Research (FORR): Can Its 8.4% Jump Turn into More Strength?

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Forrester Research (FORR) rose in the last session on above-average volume, but the article says the latest earnings estimate revisions do not point to further upside. The message is mixed: short-term price strength is being offset by weakening analyst estimate trends. Impact is likely limited to FORR rather than the broader market.

Analysis

Forrester Research (FORR) rose in the last session on above-average volume, but the article says the latest earnings estimate revisions do not point to further upside. The message is mixed: short-term price strength is being offset by weakening analyst estimate trends. Impact is likely limited to FORR rather than the broader market.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15

Ticker Sentiment

FORR-0.15

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