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EVgo Inc. (EVGO) has been upgraded to a Zacks Rank #2 (Buy) due to an upward trend in earnings estimates, which is a powerful force impacting stock prices. This change reflects positivity about EVGO's earnings outlook, which could translate into buying pressure and an increase in its stock price. Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, making it rewarding to track these revisions for investment decisions.

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