Vetr Top Raters Upgrade SolarCity To 5-Star Rating From 4-Stars
Shares of SolarCity Corp (NASDAQ: SCTY) have lost nearly 12 percent since the start of 2016. Despite the relative under-performance versus the major indices, the Vetr crowd upgraded their rating on the stock to a maximum 5-star rating.
Related link: Here's how crowdsourced ratings can beat the market.
Shares of SolarCity has risen to $47.69 since the prior rating of 4.0-stars was issued just 4 days ago.
SolarCity is a popular stock among the Vetr crowd as more than 2 percent of users are holding the stock in their watch-list. In addition, 58 percent of the crowd's ratings are bullish and the crowd-sourced price target of $56.31 implies a potential upside of more than 20 percent.
Latest Ratings for SCTY
|Oct 2016||Axiom Capital||Upgrades||Sell||Hold|
|Aug 2016||Raymond James||Downgrades||Strong Buy||Market Perform|
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