The company has seen two positive revisions in the past one month, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for this biotechnology stock. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Acceleron Pharma currently carries a Zacks Rank #2 (Buy) while its Earnings ESP is positive.
Other well-placed stocks in the same industry include Affymetrix Inc. (AFFX), ANI Pharmaceuticals, Inc. (ANIP) and Biogen Idec Inc. (BIIB). All these stocks carry a Zacks Rank #1 (Strong Buy).
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