The Vetr crowd has downgraded YY Inc. (NASDAQ:YY) from 3.5 stars to 3 stars.
Over the last three months, YY has traded up over 24.6 percent. In its last three earnings reports, the company has beat on EPS estimates by over 43, 41 and 62 percent, respectively, leading into its upcoming report on August 16.
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Vetr members have given YY a Hold rating and a $60.18 price target. This price target is higher than the $56.30 price target from analysts. The stock opened Tuesday around $58.13.
For Vetr’s full analysis of YY, go here.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.