On Monday, the Vetr crowd upgraded their rating for Rite Aid Corporation RAD from 3.5 stars (Buy), issued 23 days ago, to 5 stars (Strong Buy). Crowd sentiment for the stock is unanimously positive, with 100 percent of Vetr user ratings bullish.
Share price in the drugstore chain plummeted by more than a dollar on Friday, after the the planned acquisition by Walgreens Boots Alliance Inc WBA hit a snag in the form of an antitrust concern. After a slight bounce back that same day, the stock continued to trend down on Monday, where it finished the day at $6.90.
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Currently, the Vetr crowd's average target price is up at $8.59, which is below the average analyst target price of $9.00. Less than 2 percent of Vetr users are holding RAD in their watch lists.
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