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Vetr Crowd Downgrades Powershares QQQ

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Over the past three months, Powershares QQQ Trust, Series 1 (NASDAQ: QQQ) has traded up over 6.7 percent, and the Vetr community has downgraded the stock from 3 stars to 2 stars. News on Tuesday saw an increased stake in the ETF by Sei Investments.

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Vetr members have given Powershares QQQ a Sell rating and a $127.75 price target. The company opened Tuesday around $139.39.

Of all Vetr raters, 40 percent believe traders and investors should sell Powershares QQQ stock.

For Vetr’s full analysis of Powershares QQQ, go here.

Posted-In: VetrDowngrades Crowdsourcing Analyst Ratings General

 

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