- Shares of Republic Airways Holdings Inc. (NASDAQ: RJET) have lost around 70% since the start of 2015.
- The Vetr community downgraded the stock to a 1.5-star rating out of a possible 5-stars from a prior 2.0-stars.
- Despite a downgrade, 71% of the crowd's ratings are bullish but the crowd-sourced price target of $3.74 implies a potential 12% downside.
Shares of Republic Airways Holdings have gained more than 25% over the past 3-months after the company reached a new tentative agreement with its pilots about a new contract. However, the stock is still lower by around 70% since the start of 2015.
Despite recent momentum in the stock, the
Vetr community downgraded the issue to 1.5-stars out of a possible 5-star rating. The stock has fallen to $4.25 since the previous rating of 2.0-stars was issued just 5-days ago.
Despite a downgrade to 1.5-stars, 71 percent of the Vetr crowd's ratings are bullish. On the other hand, Vetr's crowd-sourced price target of $3.74 implies a potential downside of 12%.
Related Link:
Vetr Crowd Even More Bullish On SolarCity
The Vetr crowd's stance on airliners appear to be mixed. Among the legacy carriers, the Vetr crowd rates
Delta Air Lines, Inc. (NYSE:
DAL)'s
stock with a 3.0-star rating and the crowd-sourced price target of $52.26 implies an upside of just 1.08-percent.
On the other hand, the Vetr crowd appears to be
uber-bearish on United Continental Holdings Inc (NYSE: UAL) given the crowd's 1.0-star rating and a crowd-sourced price target of $25.00 which implies a downside of more than 50%.Market News and Data brought to you by Benzinga APIs
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