Vetr Top Raters Upgrade Skechers To 3.5-Star Stock

Skechers USA Inc (NYSE: SKX) was a high-flying stock throughout most of 2015 but have momentum following its poor third quarter print back in October.

Skechers remains a hotly debated stock between the bulls and bears and the Vetr crowd upgraded Skechers' stock rating to 3.5-stars out of a possible 5 stars. In fact, shares of Skechers have risen to $27.48 since the prior rating of 3.0-stars was issued just 3 days ago.

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

In addition to an upgrade, 90 percent of the crowd's ratings are bullish. In addition, the crowd sourced price target of $29.03 implies a potential upside of more than 6 percent.