ATRenew (NYSE:RERE) Downgraded to Buy Rating by Wall Street Zen

ATRenew (NYSE:RERE - Get Free Report) was downgraded by stock analysts at Wall Street Zen from a "strong-buy" rating to a "buy" rating in a research note issued to investors on Saturday.Separately, Weiss Ratings reissued a "hold (c-)" rating on shares of ATRenew in a research report on Monday, December 29th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of "Hold".Check Out Our Latest Stock Analysis on REREATRenew Stock PerformanceShares of RERE opened at $5.87 on Friday. The stock has a 50 day simple moving average of $4.85 and a 200 day simple moving average of $4.30. ATRenew has a 52-week low of $2.00 and a 52-week high of $6.14. The firm has a market capitalization of $1.47 billion, a PE ratio of 36.66 and a beta of 0.19. Institutional Inflows and OutflowsSeveral large investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC acquired a new stake in ATRenew in the 4th quarter valued at $1,847,000. Caxton Associates LLP bought a new position in shares of ATRenew in the 3rd quarter valued at about $626,000. Prelude Capital Management LLC acquired a new stake in shares of ATRenew in the third quarter valued at about $113,000. Public Employees Retirement System of Ohio acquired a new stake in shares of ATRenew in the third quarter valued at about $1,196,000. Finally, Nomura Holdings Inc. bought a new stake in ATRenew during the third quarter worth about $529,000. Institutional investors and hedge funds own 19.29% of the company's stock. About ATRenew (Get Free Report)ATRenew Inc, through its subsidiaries, operates pre-owned consumer electronics transactions and services platform in the People's Republic of China. It primarily sells mobile phones, laptops, tablets, drones, digital cameras; and vintage bags, watches, liquor, gold, and various household goods through its online platforms and offline stores, as well as provides services to third-party merchants to sell the products through its platforms. The company was formerly known as AiHuiShou International Co Ltd.See AlsoFive stocks we like better than ATRenewWall Street Stockpicker Names #1 Stock of 2026A U.S. “birthright” claim worth trillions - activated quietlyDo not delete, read immediatelyHow a Family Trust May Be Able To Help Preserve Your WealthNvidia x 1,000,000This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in ATRenew Right Now?Before you consider ATRenew, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ATRenew wasn't on the list.While ATRenew currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here