YELP stock hit a fresh all-time high on Friday just shy of $75. Yelp will release earnings in just 10 days and all eyes will be profit and guidance. I'm expecting Yelp to report it's first profit ever and shares to rally up to $80-$90. If Yelp fails to deliver, look for a drop down to $60-$65. I have a strong buy rating on Yelp stock with a 2014 price target of $105. My Price Target on YELP is $190 for 2016-2018.
I've liked Yelp (YELP) since the mid $40's after the company beat earnings just three months ago. Yelp is a stock I actively trade in my trading account and is my largest position in my retirement account.
