Vetr Top Raters Downgrade eBay To 4 Stars

Shares of eBay Inc (NASDAQ: EBAY) were trading lower by 1.22 percent at $25.89 on Wednesday - not far off from its 52-week low of $23.23. In fact, the stock has lost nearly 6 percent since the start of 2016.

Meanwhile, the Vetr downgraded their rating on eBay's stock to four stars out of a possible five stars. In fact, shares of eBay have fallen to $26.21 since the prior rating of 4.5 stars was issued just six days ago.

Related link: Here's how crowdsourced ratings can beat the market.

Despite a downgrade, eBay's rating remains in bull territory and 100 percent of the crowd's ratings are bullish. In addition, the crowd-sourced price target of $29.30 implies a potential upside of nearly 12 percent.