Alphabet Inc. GOOGL has continued to outperform the market, riding an 18 percent rise over the past six months and a 3 percent rise since a positive first-quarter earnings report in April.
The Vetr community has jumped on this trend, upgrading the stock from 4 to 4.5 stars. News on Wednesday saw Alphabet partner with Nutanix Inc. NTNX.
See how crowdsourced ratings can help predict the market?
Vetr members have given Alphabet a Buy rating and a $997.41 price target. This price target fairs higher than the $957.07 price target from professional analysts. The stock opened Wednesday around $950.70.
Of all Vetr raters, 42.9 percent believe traders and investors should sell Alphabet stock.
For Vetr’s full analysis of Alphabet, go here.
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