Stock Track | Yelp Plummets 5.02% Intraday After Evercore ISI Cuts Price Target

Stock Track

05/12

Yelp's stock plummeted 5.02% intraday on Monday, following a price target reduction by Evercore ISI.

Evercore ISI lowered its price target on Yelp to $30 from $31 while maintaining an Outperform rating on the shares. Analyst price target reductions can negatively impact investor sentiment and lead to selling pressure.

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