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Shares of
Yelp IncYELP have lost more than a quarter of its value since the start of 2016 and are lower by more than 50 percent over the past year.
The stock's under-performance likely prompted the Vetr crowd to
downgrade the stock's rating to 3-stars out of a possible 5-stars. In fact, the crowd
upgraded Yelp's stock rating to 5-stars in late December.
Related link: Here's how crowdsourced ratings can beat the market.
Despite a fresh downgrade to 3-stars, 75 percent of the crowd's ratings are bullish. In addition, the crowd-sourced price target of $21.56 implies an upside of more than 5 percent.© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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