Shares of Yahoo! Inc. YHOO have gained more than 11.5 percent since the year started, but only 1.6 percent in the last month. However, the Vetr crowd seems to believe the stock will return to robust growth, as suggested by the average price of $40.56 it has set – which implies an upside potential of more than 9.7 percent from current valuations.
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On Thursday, the Vetr community decided upgraded its rating on Yahoo from 3.0 Stars (Hold) to 4.0 Stars (Buy) - out of a possible 5.0 Stars rating. It should be noted that, while some of the people in the Vetr community are particularly optimistic on the stock, others are not so much. In fact, only 53 percent of the crowd’s ratings are bullish. Check out a chart illustrating the distribution of the ratings here.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
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