Market Overview

Vetr Crowd Upgrades Bluebird After Trump Presser

Related BLUE
Bluebird Bio Shares Could See Value Fly To $95 As 2017 Will Be A 'Catalyst-Filled Year'
15 Biggest Mid-Day Losers For Monday

On Wednesday, the Vetr crowd upgraded their rating for bluebird bio Inc (NASDAQ: BLUE), from 2.5 Stars (Sell) issued two days ago, to 3.5 Stars (Buy). Crowd sentiment for the stock is generally cautious, with 66 percent of Vetr user ratings bearish.

The gene therapy company experienced the same drop many biotech firms experienced in the wake of President-elect Donald Trump's first press conference following his election win in November. The sector saw an immediate selloff following the President-elect's comment about the cost of consumer drug prices.

Shares of bluebird bio fell over 5 percent to $64.70 immediately following the remark made around noon on January 11. The stock bounced back slightly as traders capitalized on the market's reaction. The stock still finished the day down at $65.05.

See how crowdsourced ratings could help you time the market.

Currently, the Vetr crowd's average target price for the stock is up at $69.48, which is well below the average analyst target price of $88.77. Less than 2 percent of Vetr users are holding BLUE in their watch lists.

Latest Ratings for BLUE

Feb 2017Maxim GroupDowngradesBuyHold
Feb 2017Roth CapitalDowngradesBuyNeutral
Nov 2016BMO CapitalInitiates Coverage OnMarket Perform

View More Analyst Ratings for BLUE
View the Latest Analyst Ratings

Posted-In: VetrBiotech Upgrades Crowdsourcing Analyst Ratings


Related Articles (BLUE)

View Comments and Join the Discussion!