Read more
4:40 PM · 30 March 2021

Yelp stock rises 6% on analyst upgrade

-
-
Open account Download free app

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

30 March 2026, 5:02 PM

Microsoft and the Next Phase of AI: Market Focus on Adoption and Profits

30 March 2026, 3:01 PM

US Open: A Tentative Start to the New Week on Wall Street!

27 March 2026, 6:24 PM

Anthropic leak and a cybersecurity sell-off

27 March 2026, 5:22 PM

Unity up 10% 🚨 A revolution at the company?

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits