Microsoft Catches An Upgrade By Vetr Top Raters
Though shares of Microsoft Corporation (NASDAQ: MSFT) are trading down 6% year to date, the Vetr community sees this as a good buying opportunity.
On Wednesday they upgraded Microsoft from a 4 star rating to 4.5 stars, signalling it as a strong buy. Currently more than 5% of users are holding Microsoft in their watchlists, and 89% of the crowd's ratings are bullish. 37 of the Vetr crowd's 47 ratings on the stock are either a buy or strong buy.
However it should be noted that the Vetr crowd's price target $57.33 is slightly more bearish than Wall Street's analyst estimate of $58.02.
Microsoft closed Wednesday's session just below their pre-LinkedIn (NASDAQ: LNKD) levels at $51.39.
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