Shares of WebMD Health Corp. WBMD have gained more than 25 percent since the year started. However, over the past month, the stock tumbled 7.75 percent. This has unlocked some room for upside, the Vetr crowd seems to believe, as its average price target of $62.38 implies a potential return of 2.7 percent.
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Seeking to better reflect the recently unlocked upside potential, the Vetr community decided to upgrade its rating on WebMD’s stock on Thursday, from 3.0 Stars (Hold) to 3.5 Stars (Buy) - out of a possible 5.0 Stars rating.
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Finally, it should be noted that, in accordance with the new rating, 66 percent of the crowd's ratings are bullish at the time.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above
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