Shares of Comcast Corporation CMCSA have lost 2.25 percent since last Tuesday. And, while they are still up more than 8.2 percent year-to-date, the recent decline has created more room for upside – or so does the crowd seem to believe.
Related link: Here's How Crowdsourced Ratings Can Beat The Market
Consequently top raters at the Vetr community decided to upgrade their rating on shares of Comcast from 4.0 Stars to 4.5 Stars (out of a possible 5.0 Stars rating) on Tuesday.
In addition, it should be noted that the crowd has established a $69.27 price target, which implies an upside potential of roughly 13.6 percent from current valuations, and that 83 percent of the crowd's ratings are now bullish.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
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