Shares of Nimble Storage Inc NMBL have rebounded almost 30 percent from their February lows, but are still down more than 17 percent year-to-date. The recent recuperation but still depressed valuation probably led top raters at the Vetr community to upgrade the stock from 4.0 Stars to 5.0 Stars -- out of a possible 5.0 Star rating.
Related link: Here's How Crowdsourced Ratings Can Beat The Market
It should be noted that 100 percent of the crowd’s ratings are bullish; their average price target of $9.75 implies an upside of over 28 percent from current valuations.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
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