Shares of Yahoo! Inc. YHOO have lost about 6.1 percent of their value over the past month, but are still up roughly 21.75 percent year-to-date. The Vetr crowd seems to believe the stock will return to its uptrend soon, as evidenced by its average price target of $45.80, which implies a potential return of almost 12.5 percent from current valuations.
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Seeking to better reflect the aforementioned upside potential, the Vetr community upgraded its rating on shares of Yahoo Chase on Thursday, from 4.0 Stars (Buy) to 4.5 Stars (Strong Buy) – out of a possible 5 Stars rating.
It should be noted that, in accordance with the current score and price target, 80 percent of the crowd’s ratings are bullish right now.
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