Shares of Microsoft Corporation MSFT tumbled 7.17 percent last Friday, after the company missed the Street’s expectations for its third quarter earnings. Nonetheless, the crowd remains bullish on the stock and seems to believe that the decline only unlocked further upside potential.
Related link: Here's How Crowdsourced Ratings Can Beat The Market
On Monday, top raters at the Vetr community decided to upgrade their rating on shares of Starbucks from 3.0 Stars to 4.0 Stars -- out of a possible 5.0 Stars rating.
It should be noted that although 93 percent of the crowd's ratings are now bullish, the crowd’s average price target of $56.59 implies an upside potential of less than 9 percent from current valuations.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
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