What does # 1m Upgrades mean?
This shows the total count of Earnings Estimate Upgrades (for FY2) by brokers/analysts in the last month. It should be contrasted with EPS Downgrades.
Stockopedia explains # 1m Upgrades...
While broker recommendations in and of themselves do not appear to have much (any?) signal given the inherent positive bias in them, changes in a) forecasts and, to a lesser extent, recommendation have been shown by academic research to be much more meaningful.
