The Vetr crowd upgraded their rating for YY Inc (ADR) YY on Tuesday, from 3.5 stars (Hold), issued five days ago, to 4.5 stars (Strong Buy). Crowd sentiment for the stock at the time of the upgrade was unanimously positive, with 100 percent of Vetr user ratings bullish.
The Chinese social media and live-streaming video platform experienced a dip on Tuesday after a strong rally earlier in the month. Shares increased 6 percent on February 9, after it announced it held an 8.5 percent passive stake in China Online Education Group, an online english language tutoring program.
YY closed Tuesday at $43.97.
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Currently, the Vetr crowd's average target price for YY is up at $51.93, which is well below the average analyst target price of $55.88. Less than 2 percent of Vetr users are holding YY in their watch lists.
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