Vetr Top Raters Downgrade Alphabet

Shares of Alphabet Inc (NASDAQ: GOOG) have gained more than 25 percent over the past year but have lost more than 5 percent since the start of 2016. The stock's underperformance thus far in the new year likely prompted Vetr top raters to downgrade the stock.

Vetr top raters downgraded Alphabet's stock rating to 3-stars out of a possible 5-stars. In fact, shares of Alphabet have fallen to $718.81 since the prior rating of 3.5-stars was issued 21 days ago.

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

In addition to a downgrade, 61 percent of the crowd's ratings are bullish and the crowd sourced price target of $738.27 implies an upside of just 3 percent.