Yelp Upgraded To Strong Buy By Vetr Top Raters

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While some social media stocks have fallen on tough times, one seems to be enjoying a nice mid-year comeback.

Yelp Inc. YELP shares are up more than 50% in the last three months, as investors seem to have sided with David Einhorn after the hedge fund manager disclosed a new stake in early May.

Let crowdsourced ratings help you beat the market with Vetr.

On Wednesday, the Vetr community upgraded their rating of Yelp to 4.5 stars. The Vetr crowd has a bullish price target of $33.32 compared with Wall Street's $29.83 estimate.

Since the crowd's downgrade to 4 stars five days ago, the stock is up nearly 3 percent. Currently less than 2 percent of Vetr users are holding Yelp in their watchlists.

Yelp also remains Cantor Fitzgerald's top mid-cap internet play. In the last two weeks both Deutsche Bank and MKM Partners have upgraded Yelp to a buy.

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Posted In: FintechUpgradesCrowdsourcingAnalyst RatingsTechGeneral
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