Vetr Upgrades Yelp After Positive Earnings Report

Yelp Inc YELP shares are trading up nearly 18 percent over the past five trading days entering Tuesday’s open, and the Vetr community has upgraded the company to 3 stars. The recent uptrend is thanks in most part to an incredible earnings beat in early August.

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Vetr members have given Yelp a Hold rating and a $36.37 price target. This price target is higher than the $33.36 price target from Wall Street analysts. The company opened Tuesday around $37.20.

Of all Vetr raters, 64.7 percent believe Yelp shareholders should sell the stock.

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