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Tuesday, 04/14/2015 12:45:45 PM

Tuesday, April 14, 2015 12:45:45 PM

Post# of 63744
Will Banro (BAA) Continue to Surge Higher?
April 08, 2015 This is why Zacks has BAA listed as a buy
by Zacks Equity Research Published on April 08, 2015 | No Comments
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Banro Corporation (BAA - Snapshot Report) has been on the move lately as the stock has risen by 47.8% in the past four weeks, and it is currently trading well above its 20-Day SMA. This is a pretty solid move higher, but the question that has to be on investors’ minds right now is; can this trend continue?

While there can be no telling for sure, it is certainly encouraging that earnings estimates have risen in the past few weeks on the company, suggesting that sentiment on BAA is moving in the right direction. In fact, the stock currently has a Zacks Rank #2 (Buy), suggesting that the recent run could certainly continue for this in-focus companyhttp://www.zacks.com/stock/news/170095/will-banro-baa-continue-to-surge-higher
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