Vetr Top Raters Boost Bed Bath & Beyond, 77% Bullish

Shares of Bed Bath & Beyond Inc. (NASDAQ: BBBY) have lost more than 45 percent of its value over the past year, likely prompting Vetr top raters to take advantage of the weakness and buy shares of the popular retailer at a discount.

Vetr top raters upgraded shares of Bed Bath & Beyond to 4.5-stars out of a possible 5-stars. In fact, shares of have risen to $43.47 since the prior rating of 4.0-stars was issued just 3 days ago.

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

Bed Bath & Beyond isn't a popular name among the Vetr crowd as less than 2 percent of users are holding the stock in their watch-lists. On the other hand, 77 percent of the crowd's ratings are bullish and the crowd sourced price target of $48.83 implies an upside just shy of 15 percent.