Shares of M/A-COM Technology Solutions Hldgs Inc MTSI have lost more than 7.3 percent of their value since the beginning of the year, and over 3.5 percent in the past five trading days alone.
Related Link: Here's How Crowdsourced Ratings Can Beat The Market
Following the most recent decline, top raters at the Vetr community decided to upgrade their rating on shares of the small cap tech company from 4.0 Stars (Buy) to 4.5 Stars (Strong Buy) - out of a possible 5.0 Stars rating. The new rating better reflects the crowd’s average price target of $42.85 which implies an upside potential of almost 13 percent from current valuations.
Finally, it should be noted that 80 percent of the crowd's ratings are bullish, implying that top raters and the crowd are pretty much on the same page.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
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