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Alphabet's Steady February Gains Prompts Vetr Crowd To Sell

Chris Dier-Scalise

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

Date Firm Action From To
Jan 2017 Pacific Crest Reinstates Overweight
Jul 2016 JP Morgan Maintains Overweight
Apr 2016 Deutsche Bank Maintains Buy

View More Analyst Ratings for GOOG
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