NetEase Tumble Unlocked Some Upside, Vetr Crowd Says

Shares of NetEase Inc (ADR) NTES lost about a percent in the past couple of days. The Vetr crowd's average price target of $248.16 implies a potential return of roughly 2.3 percent from current valuations.

Related Link: Here's How Crowdsourced Ratings Can Beat The Market

Seeking to better reflect the larger upside potential, the Vetr crowd has upgraded its rating on shares of NetEase on Wednesday, from 2.0 Stars (Sell) to 3.0 Stars (Hold) – out of a possible 5 Stars rating.

It should be noted however, that the crowd still remains quite negative, with 17 percent of the ratings still bearish.