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Vetr Crowd Divided Over Seagate, Still Says 'Buy'

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Shares of Seagate Technology PLC (NASDAQ: STX) have gained more than 67 percent in the past three months. However, the Vetr crowd seems to believe the rally will continue, as evidenced by its average price target of $40.89, which implies a potential return of 5.85 percent from current valuations.

Related Link: Here's How Crowdsourced Ratings Can Beat The Market

Seeking to better reflect the upside potential, the Vetr community upgraded its rating on shares of Seagate on Wednesday, from 3.0 Stars (Hold) to 3.5 Stars (Buy) – out of a possible 5 Stars rating.

It should be noted, however, that 72 percent of the crowd’s ratings are bearish at the time, meaning that those positive are particularly optimistic regarding the potential upside of the stock.

Latest Ratings for STX

DateFirmActionFromTo
Dec 2019ReinstatesHold
Nov 2019MaintainsOverweight
Nov 2019MaintainsOverweight

View More Analyst Ratings for STX
View the Latest Analyst Ratings

Posted-In: VetrUpgrades Price Target Crowdsourcing Analyst Ratings General

 

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