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Vetr Inc. announced Yelp Inc (NYSE:YELP), bumping up its stock price target to $42.74 today

Just yesterday Yelp Inc (NYSE:YELP) traded 1.76% higher at $41.70. Yelp Inc’s 50-day moving average is $38.46 and its 200-day moving average is $28.87. The last closing price is up 44.45% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 2,004,614 shares of YELP traded hands, down from an average trading volume of 2,382,040

In a report released on 10/3/2016 Vetr Inc. increased the stock price target of Yelp Inc (NYSE:YELP) to $42.74 reporting a possible upside of 0.02%.

Previously on 9/27/2016, Vetr Inc. reported on Yelp Inc (NYSE:YELP) increased the target price from $0.00 to $42.74. At the time, this indicated a possible upside of 0.03%.

Recent Performance Chart

Yelp Inc (NYSE:YELP)

Yelp Inc has 52 week low of $14.53 and a 52 week high of $41.94 and has a total market value of $0.

A total of 28 equity analysts have released a research note on YELP. Two equity analysts rating the company a strong buy, ten equity analysts rating the company a buy, twenty-two equity analysts rating the company a hold, four equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $27.43.

More About Yelp Inc (NYSE:YELP)

Yelp Inc. (Yelp) connects people with local businesses by bringing word of mouth online and providing a platform for businesses and consumers to engage and transact. The Company provides local business review sites. Yelp provides a platform for consumers to share their everyday local business experiences, through reviews, tips, photos and videos, and engages directly with businesses, through reviews, phone calls and its Message the Business feature. Its platform also provides businesses of all sizes with a range of free and paid services that help them engage with consumers. The Company has a range of communities of contributors across the world that contributes the content on its platform. These contributors provide firsthand information about local businesses in the form of reviews and ratings, tips, photos and videos. The Company has Yelp communities in Argentina, Australia, Austria, Belgium, Brazil, Canada, Switzerland, Taiwan, Turkey, the United Kingdom and the United States.

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