After Firearms Drop, Vetr Crowd Picks Smith & Wesson For An Upgrade

The Vetr crowd upgraded their rating for Smith & Wesson Holding Corp SWHC on Monday from 4 stars (Buy) to 5 stars (Strong Buy). Crowd sentiment for the stock is extremely high with 90 percent of user ratings bullish.

The firearm sector took a big hit following the election, and Smith & Wesson was no exception falling almost 25 percent between November 8 and 11. The stock limped along at about $24 through most of November until taking another, smaller hit in December. Shares for Smith & Wesson traded at $20.90 on Monday.

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Currently, the Vetr crowd's average target price is up at 26.33, which is just about square to the average analyst target price of $26.88. Less than 2 percent of Vetr users are holding SWHC in their watch lists.