Despite plenty of volatility, shares of Alphabet Inc GOOG are pretty much flat year-to-date. However, over the past month, they gained about 2 percent; and now it seems like the crowd believes the stock could rise some more.
Related link: Here's How Crowdsourced Ratings Can Beat The Market
Consequently, top raters at the Vetr community decided to upgrade their rating on shares of Alphabet, Google’s parent company, from 3.0 Stars to 3.5 Stars -- out of a possible 5.0 Stars rating.
It should be noted that the crowd has set an average price target of $783.83, which implies a 3.4 percent upside potential from current valuations, and that 58 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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