Shares of Time Warner Inc TWX are up more than 15.4 percent since the beginning of 2016. However, between last Thursday and this week’s Tuesday, the stock lost more than 4 percent, creating room for larger upside.
Related Link: Here's How Crowdsourced Ratings Can Beat The Market
Following the recent decline, top raters at the Vetr community have decided to upgrade their rating on the stock from 4.0 Stars to 4.5 Stars - out of a possible 5.0 Stars rating.
The new rating better reflects the fact that 90 percent of the crowd's ratings are bullish. The current average price target of the crowd stand at $82.87 and implies an upside potential of almost 11 percent from current valuations.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
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