Shares of Alibaba Group Holding Ltd BABA lost 17.5 percent over January, but have recuperated almost 11 percent since the start of February. After said run-up, top raters at the Vetr community decided to downgrade the stock from 4.5 Stars to 4.0 Stars -- out of a possible 5.0 Star rating.
Related link: Here's How Crowdsourced Ratings Can Beat The Market
However, it should be noted that the crowd is still optimistic on the stock; in fact, 70 percent of their ratings are bullish. Moreover, the crowd has set a price target of $81.26, which implies an upside of more than 10 percent from current valuations.
Wall Street is even more positive, and has set a price target of $94.18 per share.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
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