Vetr Top Raters Downgrade Petrobras, 72% Remain Bullish

Shares of

have lost nearly 20 percent since the start of 2016 and more than 45 percent over the past year which likely prompted Vetr top raters to likely recognize ongoing weakness in the stock. Vetr top raters

to 3-stars out of a possible 5-stars. In fact, shares of Petrobras have fallen to $3.68 since the prior rating of 5.0-stars was issued just 5 days ago. Related link:

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Despite a downgrade, 72 percent of the crowd's ratings are bullish and the crowd sourced price target of $4.02 implies a potential upside of more than 11 percent.