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Slight Dip Encourages Vetr To Issue Buy Upgrade On Yahoo

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The Vetr crowd on Thursday upgraded its rating for Yahoo! Inc. (NASDAQ: YHOO) from 2 stars (Sell), issued 17 days ago, to 4 stars (Buy). Crowd sentiment at the time of the upgrade was slit, with 50 percent of Vetr user ratings bullish.

Share price in Yahoo has been on the uptrend throughout most of 2017. The stock even surpassed the high point of around $44 it had traded under for two years and was within striking distance of a more than 15-year high of around $52, trading at $49.30.

Despite the extended upside Yahoo has experienced as of late, the stock has given some of its gains up and finished today at $48.46.

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Currently, the Vetr crowd's target price on Yahoo is up at $53.02, which is well above the average analyst target price of $46. Yahoo! Inc. is a popular stock on Vetr as more than 2 percent of users are holding YHOO in their watch lists.

Latest Ratings for YHOO

DateFirmActionFromTo
Oct 2016DowngradesBuyHold
Oct 2016DowngradesBuyHold
Oct 2016MaintainsBuy

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Posted-In: VetrEarnings Upgrades Price Target Crowdsourcing Analyst Ratings

 

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