Microsoft Has 14.5% Upside Potential, Vetr Crowd Believes

Shares of Microsoft Corporation MSFT have lost roughly 10 percent year-to-date, and 4 percent in the past five trading days alone. Following such a decline, the Vetr crowd seems to believe some room for upside has been unlocked. This is evidenced by its average price target of $57.13, which implies a potential return of almost 14.5 percent from current valuations.

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

Seeking to better reflect this upside potential, the Vetr community decided upgrade its rating on shares of Microsoft on Wednesday, from 4.0 Stars (Buy) to 4.5 Stars (Strong Buy) - out of a possible 5.0 Stars rating.

Finally, it should be noted that 93 percent of the crowd’s ratings are bullish.

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