Vetr Crowd Thinks Now Is The Time To Buy Facebook
The Vetr crowd has upgraded their rating of Facebook Inc (NASDAQ: FB) from 4 stars (Buy), issued 10 days ago, to five stars (Stong Buy). Sentiment for the stock among the crowd is very confident, with 81 percent of Vetr user ratings bullish.
Vetr's upgrade for Facebook comes in the wake of lowered expectations and some steep losses over the course of November. Since October 31, share price in Facebook has dropped 12.2 percent. Near the market's close on December 1, the price was just over $115.
The Vetr crowd's average target price is up at $134.79, which is below the average analyst price of $150.70. More than 10 percent of users are holding FB in their watch lists.
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