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Shares of
Nokia Corporation (ADR)NOK and
International Business Machines Corp. are lower by more than 5 percent and 15 percent, respectively over the past year.
Despite the year over year losses, the Vetr crowd upgraded both names and are expecting the stocks to perform positively moving forward.
Nokia Upgraded To 3.5-Stars
The Vetr crowd
upgraded Nokia's stock rating to 3.5-stars out of a possible 5-stars. In fact, shares of Nokia has risen to $7.28 since the prior rating of 3.0-stars was issued just 3 days ago.
Nokia isn't a particularly popular stock among the Vetr crowd as less than 2 percent of the crowd members are holding the stock in their watch-lists. Meanwhile, 60 percent of the crowd's ratings and the crowd-sourced price target of $7.64 implies an upside of nearly 5 percent.
Related link: Here's how crowdsourced ratings can beat the market.
IBM Upgraded To 4.5-Stars
The Vetr crowd upgraded IBM's stock rating to 4.5 stars out of a possible 5-stars.
While the Vetr crowd was quick to upgrade Nokia's rating over the span of 3 days, IBM's 4-stars rating remained in place for 86 days.
Similarly, IBM isn't a particularly popular stock among the Vetr crowd as less than 2 percent of the crowd members hold the stock on their wish-list. Meanwhile, 90 percent of the crowd's ratings are bullish and the crowd-sourced price target of $149.56 implies an upside of more than 12 percent.Loading...
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Posted In: Analyst ColorLong IdeasCrowdsourcingAnalyst RatingsTrading IdeasGeneralCrowdsourcedTechnology StocksVetrVetr Crowd
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