Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

Vetr Crowd Downgrades Ubiquiti To 4 Stars

Courtesy of Benzinga.

Since reaching its year-to-date high at $64.13 on February 8, Ubiquiti Networks Inc. (NASDAQ: UBNT) has traded down 22 percent, and the Vetr community has downgraded the stock from 4.5 to 4 stars.

The highlight of Ubiquiti’s big drop off was a poor second-quarter earnings report on February 9 that sent the company down 16 percent across two days.

See how crowdsourced ratings can help predict the market?

Vetr members have given Ubiquiti a Buy rating and a $55.50 price target. This price target is higher than the $42.60 price target from Wall Street analysts. The company opened Friday around $50.

Of all Vetr raters, 60 percent believe traders and investors should sell Ubiquiti stock.

For Vetr’s full analysis of Ubiquiti, go here.

Posted-In: VetrDowngrades Crowdsourcing Analyst Ratings General


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!