Vetr Top Raters Upgrade Starbucks And Microsoft To 4.5 Star Stocks
Vetr top raters recently upgraded 2 large cap stocks to a 4.5-star rating.
Shares of Starbucks Corporation (NASDAQ: SBUX) have lost around 3 percent since the start of 2016. The year-to-date losses likely prompted Vetr top raters to upgrade the stock's rating to 4.5-stars out of a possible 5-stars. In fact, Starbucks' stock has risen to $59.53 since the prior rating of 4.0-stars was issued just 6 days.
Starbucks is popular among the Vetr crowd as more than 2 percent of users hold the stock in their watch-lists. In addition, 100 percent of the crowd's ratings are bullish and the crowd sourced price target of $68.67 implies a potential upside of more than 17 percent.
Related link: Here's how crowdsourced ratings can beat the market.
Similar to Starbucks' stock, shares of Microsoft Corporation (NASDAQ: MSFT) are lower since the start of 2016.
It can be assumed that the recent weakness in Microsoft's stock prompted Vetr top raters to recognize a buying opportunity as the stock's rating was upgraded to 4.5-stars. In fact, shares of Microsoft has risen to $52.16 since the prior rating of 4.0-stars was issued just 6 days ago.
Microsoft is also a popular name among the Vetr crowd as more than 5 percent of users are holding the stock in their watch-lists.
Despite an upgrade to bull territory, 52 percent of the crowd's ratings are bearish. On the other hand, the crowd sourced price target of $59.29 implies a potential upside of more than 12 percent.
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