Market Overview

Vetr Crowd Downgrades Powershares QQQ

Share:
Related QQQ
One Crazy Week In The Stock Market
Another Rough Day For The Markets
Continuing To Favor U.S. Large Cap Stocks Over U.S. Small Cap Stocks (Seeking Alpha)

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.

See how crowdsourced ratings can help predict the market?

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

 

Related Articles (QQQ)

View Comments and Join the Discussion!