American Assets Trust (AAT) Upgrade to Buy: What Investors Should Know

American Assets Trust (AAT) has been upgraded to a Zacks Rank #2 (Buy), driven by an upward trend in earnings estimates. The Zacks rating system tracks the Zacks Consensus Estimate for the current and following years, and the upgrade reflects a positive comment on the company's earnings outlook, which could have a favorable impact on its stock price. Rising earnings estimates have been proven to be strongly correlated with near-term stock movements.