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Luminar Technologies (LAZR) Upgraded to Buy by Zacks Rank: What Does it Mean for the Stock?
ByAinvest
Thursday, Nov 27, 2025 1:29 pm ET1min read
Luminar Technologies (LAZR) has been upgraded to a Zacks Rank #2 (Buy) due to an upward trend in earnings estimates. This indicates a positive change in the company's earnings outlook, which could have a favorable impact on its stock price. The Zacks rating system harnesses the power of earnings estimate revisions, which have been shown to be strongly correlated with near-term stock movements. As a result, Luminar Technologies appears an attractive pick for investors.
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