Vetr Crowd Upgrades Sprint To Strong Buy In Light Of Earnings Miss Discount

The Vetr crowd on Thursday upgraded its rating for Sprint Corp S from 3.5 stars (Buy), issued eight days ago, to 4.5 stars (Strong Buy). Crowd sentiment at the time of the upgrade was unanimously positive, with 100 percent of Vetr user ratings bullish.

Vetr's upgrade comes a day after a disappointing Q4 earnings delivery from the telecom company, which saw quarterly sales of $8.539 billion, $120 million below analyst estimates. The earnings miss triggered a selloff that saw shares fall by about $1 over the next two trading days.

Sprint closed today at $7.94.

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Currently, the Vetr crowd's average target price on Sprint is up at $9.63, which is above the average analyst target price of $8.76. Less than 2 percent of Vetr users are holding S in their watch lists.