Shares of WebMD Health Corp. WBMD have widely outperformed major U.S. stock indexes in 2016. With the stock up more than 22 percent year-to-date, is there room left for upside?
Related link: Here's How Crowdsourced Ratings Can Beat The Market
Top raters at the Vetr community upgraded the stock on Tuesday, from 3.0 Stars to 3.5 Stars -- out of a possible 5.0 Star rating, and set a $62.50 price target that implies a 4.3 percent upside from current valuations.
Despite the increased optimism around the shares, 71 percent of the crowd’s ratings continue to be bearish.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
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