In the past five days, shares of The Kroger Co KR lost 2.8 percent of their value, unlocking some room for upside. As per the Vetr community, the stock could surge as much as 12.6 percent, to $41.24.
Related Link: Here's How Crowdsourced Ratings Can Beat The Market
Seeking to better reflect this upside potential, the Vetr community decided to upgrade its rating on Kroger’s stock on Monday, from 4.0 Stars (Buy) to 4.5 Stars (Strong Buy) - out of a possible 5.0 Stars rating.
Moreover, it should be noted that, in accordance with the new rating, 80 percent of the crowd's ratings are bullish at the time.
Disclosure: Javier Hasse holds no interest in any of the securities or entities mentioned above.
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