“…we believe the company’s stock is overvalued at the current market price as the company is currently expanding into geographies that will negatively impact the monetization rate of its core local ads business. In this article, we will explain the factors supporting our valuation of $60 and the risks that can hamper the company’s growth.” That was a quote from today’s article that explains why after the recent rise, Yelp’s stock price is overvalued. To read the article, CLICK HERE.