The Vetr crowd downgraded their rating for Alphabet Inc (NASDAQ: GOOG) on Tuesday, from 3 stars (Hold), issued 46 days ago, to 2.5 stars (Sell). Crowd sentiment for Alphabet at the time of the downgrade was edging cautious, with 52 percent of Vetr user ratings bearish.
After taking a 4 percent hit from its all-time high following an EPS estimate miss of over $0.30 in its Q4 earnings report late in January, Alphabet has made up most of that ground over the course of February.
Alphabet closed at $831.66, just about $4 short of its peak price.
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Currently, the Vetr crowd's average target price for Alphabet is down at $802.89, which is below the average analyst target price of $961.39. More than 6 percent of Vetr users are holding GOOG in their watch lists.
Latest Ratings for GOOG
|Jan 2017||Pacific Crest||Reinstates||Overweight|
|Jul 2016||JP Morgan||Maintains||Overweight|
|Apr 2016||Deutsche Bank||Maintains||Buy|
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