Shares of Viacom, Inc. VIAB are down 7 percent year-to-date. However, they have recuperated almost 22 percent since their February lows, and the Vetr community seems to believe the run-up will continue.
Related link: Here's How Crowdsourced Ratings Can Beat The Market
Consequently, top raters at the Vetr community decided to upgrade their rating on the stock from 4.0 Stars to 4.5 Stars -- out of a possible 5.0 Star rating. The new rating better reflects the crowd’s average price target of $43.26, which implies a 13.4 percent upside potential from current valuations.
Finally, it should be noted that 81 percent of the crowd's ratings are bullish.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
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