The Vetr crowd downgraded their rating for Alphabet Inc (NASDAQ: GOOG) on Tuesday from 4.5 stars (Strong Buy), issued 20 days ago, to 4 stars (Buy). Crowd sentiment for the stock is mostly positive with 72 percent of Vetr user ratings bullish.
Alphabet's stock was at $759.11 by Tuesday's close. Despite strong reviews and comparable Black Friday sales of its new smartphone, the tech giant's stock is still at about the same place it was a month ago, with some small ups and downs. One consolation to the middling late-year performance is that other tech peers seem to be in the same boat.
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Currently, Vetr's average user target price is at $833.86, which is well below the average analyst target price of $941.44. More than 7 percent of users are holding GOOG in their watch lists.