Although Arconic Inc. ARNC shares have traded down about 8 percent over the last month, the Vetr community has upgraded the stock from 3 to 3.5 stars. The company’s first-quarter earnings report two months ago showed a 43 percent beat on the EPS estimate.
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Vetr members have given Arconic a Buy rating and a $27.34 price target. The company opened Thursday around $25.
Of all Vetr raters, 60 percent believe traders and investors should sell Arconic stock.
For Vetr’s full analysis of Arconic, go here.
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