After Firearms Drop, Vetr Crowd Picks Smith & Wesson For An Upgrade

The Vetr crowd upgraded their rating for Smith & Wesson Holding Corp (NASDAQ: SWHC) on Monday from 4 stars (Buy) to 5 stars (Strong Buy). Crowd sentiment for the stock is extremely high with 90 percent of user ratings bullish.

The firearm sector took a big hit following the election, and Smith & Wesson was no exception falling almost 25 percent between November 8 and 11. The stock limped along at about $24 through most of November until taking another, smaller hit in December. Shares for Smith & Wesson traded at $20.90 on Monday.

See how crowdsourced rating could help you time the market.

Currently, the Vetr crowd's average target price is up at 26.33, which is just about square to the average analyst target price of $26.88. Less than 2 percent of Vetr users are holding SWHC in their watch lists.