Like many U.S. stocks, Square Inc SQ had a rough start to the year, tumbling 33 percent over January. However, since the beginning of February, shares have recuperated more than 62 percent.
With the stock up 9 percent year-to-date, top raters at the Vetr community decided 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 only 60 percent of the crowd’s ratings are bullish. The crowd has established a consensus price target of $16.69, which implies an upside of roughly 17 percent from current stock prices.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
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