The Vetr crowd downgraded their rating for Momo Inc (ADR) MOMO on Tuesday, from 4.5 stars (Strong Buy) to 3.5 stars (Buy). Crowd sentiment for the stock is unanimously positive, with 100 percent of Vetr user ratings bullish.
Momo started 2017 off on the upside and, several weeks in, hasn't faltered from that pattern. Share price in the China-based social platform has surged nearly 30 percent since January 3. By the end of today's session, the stock was at $23.55, inching closer to the Momo's all-time high of $25.56.
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Currently, the Vetr crowd's average target price for the stock is up at $25.47, which is below the average analyst price of $27.95. Less than 2 percent of Vetr users are holding MOMO in their watch lists.
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