Vetr Top Raters Downgrade Google And Facebook, See Both As 3-Star Stocks

Loading...
Loading...
The infamous "FANG trade" - owning shares of
Facebook IncFB
,
Amazon.com, Inc.AMZN
,
Netflix, Inc.NFLX
and Google/
Alphabet IncGOOG
proved to be a winning strategy throughout 2015. Investors will continue debating throughout 2016 if "FANG trade" will yield further out-performance. In the meantime, the Vetr crowd turned incrementally bearish on half of the "FANG trade." Related link:
Here's how crowdsourced ratings can beat the market
Loading...
Loading...
.
Alphabet Downgraded To 3-Stars
The Vetr crowd
downgraded Alphabet's stock rating to 3-stars out of a possible 5-star rating. In fact, shares of Alphabet have fallen to $730.38 since the prior rating of 3.5-stars was issued 15 days ago. Despite a downgrade, Alphabet is a popular stock as more than 6 percent of the crowd hold the issue in their watch-list. On the other hand, 51 percent of the crowd's ratings are bearish and the crowd sourced price target of $749.85 implies a potential upside of barely 3 percent. Facebook Downgraded To 3-Stars The Vetr crowd
downgraded Facebook's stock rating
to 3-stars out of a possible 5-star rating. In fact, shares of Facebook have fallen to $109.40 since the prior rating of 4.5-stars was issued 14 days ago. Despite a downgrade, Facebook is a popular stock as more than 10 percent of the crowd hold the issue in their watch-list. On the other hand, 66 percent of the crowd's ratings are bearish and the crowd sourced price target of $110.75 implies a potential upside just shy of 2 percent.
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst ColorCrowdsourcingAnalyst RatingsGeneralCrowd Sourced Stock RatingsFANG StocksFANG TradeVetrVetr Crowd
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...