Yelp (YELP.US) stock rose more than 6% after the review site operator stock was upgraded to “buy” from “neutral” at Citi and the price-target was lifted to $48 from $33. The analyst in coverage expects strong growth and operating leverage, with the company set to benefit from local businesses reopening, sales moving to self-service channels, and moderating lease costs over the next few years.
Yelp (YELP.US) stock broke above the upper limit of the triangle formation and is approaching local resistance at $40.75 which is additionally strengthened by 50 SMA (green line). Should a break above occur, then upward move could be extended to the $43.90 level where March highs are located. However if sellers manage to halt declines, then another downward impulse toward the support zone around $ 34.56 could be launched. Source: xStation5
Market Wrap: EU chip stocks surge on Anthropic's earnings! AstraZeneca halts trials for lung cancer therapy (17.08.2026)
Market Wrap: European software stocks keep indices near record highs. Dollar gives up this week's gains (14.08.2026)
Reddit joins the S&P 500, shares surge 12% 📈 From a niche forum to the heart of Wall Street
Daily Summary: S&P 500 at a New ATH (13.08.2026)
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
