Vetr Top Raters Downgrade EA

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Shares of Electronic Arts Inc. EA are down 3.2 percent year-to-date, even after recuperating almost 20 percent since their February lows. Following the recent run-up, it seems like investors believe upside potential is running out.

Related link: Here's How Crowdsourced Ratings Can Beat The Market

Consequently, top raters at the Vetr community decided to downgrade their rating on the stock from 3.5 Stars to 3.0 Stars -- out of a possible 5.0 Stars rating.

The new rating better reflects the crowd’s average price target of $68.34, which implies an 3 percent upside potential from current valuations.

Nonetheless, it should be noted that 88 percent of the crowd's ratings are still bullish.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.

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Posted In: DowngradesPrice TargetCrowdsourcingAnalyst RatingsGeneralVetr
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