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Yelp (NYSE:YELP) target price bumped up to $45.00, released a ratings update earlier today by Maxim Group

Reporting as potential upside of 0.14%, Maxim Group upped the target price of Yelp (NYSE:YELP) to $45.00

On 9/19/2016, Vetr Inc. released a statement on Yelp (NYSE:YELP) increased the target price from $0.00 to $42.56. At the time, this indicated a possible upside of 0.12%.

Having a price of $39.38, Yelp (NYSE:YELP) traded 0.00% even on the day. The last stock price is up 39.97% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. YELP has recorded a 50-day moving average of $37.46 and a 200-day moving average of $28.14. 6,651,887 shares of the stock were exchanged, up from an avg. volume of 2,422,670

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With a market capitalization of $0, Yelp has with a 52 week low of $14.53 and a 52 week high of $41.47 .

A total of 28 brokerages have issued a ratings update on the stock. Two equity analysts rating the company a strong buy, 10 firms rating the company a buy, twenty-two brokers rating the stock a hold, 4 brokerages rating the stock a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of $27.43.

Brief Synopsis About Yelp (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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