Vetr Crowd Upgrades Alibaba To 3.5-Star Stock

Shares of Alibaba Group Holding Ltd BABA have gained more than 43 percent over the past three months but are still lower by around 20 percent since the start of 2015. Heading into the final trading days of 2015, the Vetr crowd upgraded Alibaba's stock rating to 3.5-stars out of a possible 5-stars. In fact, shares of Alibaba rose to $83.71 since the prior rating of 3.0-stars was issued just three days ago. In addition to an upgrade, Alibaba's stock remains popular among the Vetr crowd as more than 5 percent of the crowd are holding Alibaba in their watch-list. The Vetr crowd proves to be even more split on Alibaba's prospects as 52 percent of the crowd's rating are bearish. On the other hand, the crowd-sourced price target of $88.96 implies an upside of nearly 8 percent.