55% Of Vetr Top Raters Still Bearish On Starwood, But Upgrade Stock

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Starwood Hotels & Resorts Worldwide Inc HOT has been in the spotlight recently, as Marriott International Inc MAR and Chinese Anbag Insurance Group battled to take over the company. While this has helped the stock climb more than 14 percent year-to-date, the past few days have seen the share price tumble about 5.6 percent.

Following said decline, top raters at the Vetr community upgraded the stock from 2.5 Stars to 3.0 Stars - out of a possible 5.0 Star rating.

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

It should be noted, however, that 55 percent of the crowd’s ratings continue to be bearish. The crowd has established a consensus price target of $80.75, which implies an upside of roughly 1.8 percent from current stock prices.

 

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

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Posted In: UpgradesPrice TargetCrowdsourcingAnalyst RatingsGeneralConsumer DiscretionaryHotels, Resorts & Cruise LinesVetr
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