Shares of Priceline Group Inc PCLN lost 23.6 percent between January 4 and February 8. However, since that moment, they have recuperated 33.3 percent of their value, and are now up 1.86 percent year-to-date.
Following this run-up, top raters at the Vetr community have decided to upgrade the stock from 3.0 Stars to 3.5 Stars – out of a possible 5.0 Stars.
Related link: Here's How Crowdsourced Ratings Can Beat The Market
The crowd has set an average price target of $1,351.04 per share, which implies an upside of more than 4.5 percent from current prices.
Finally, it should be noted that 60 percent of the crowd’s ratings are bullish.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
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