Shares of United Continental Holdings Inc UAL have gained more than 5 percent since the beginning of the year, comfortably outperforming the market. However, it seems like the Vetr crowd doesn’t think the gains will hold up.
On Friday, top raters at the Vetr community downgraded the stock from 5.0 Stars to 1.0 Stars -- out of a possible 5.0 Star rating.
Related link: Here's How Crowdsourced Ratings Can Beat The Market
The crowd has set a $47.73 average price target, which implies a downside of more than 20 percent from current valuations. Interestingly, only 66 percent of their ratings are bearish, though.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
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