Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Yandex NV (NASDAQ: YNDX) rose significantly recently. YNDX’s current Value Trend Rating is B and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
Yandex NV (NASDAQ: YNDX) stock enjoyed a very large increase of 6.8% on 11/22/24. The shares closed at $23.49. However, trading volume in this advance was exceptionally low at -99999% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 29.9% during the last week.
Current PriceTarget Research Rating
Yandex has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Yandex has a neutral Appreciation Score of 48 but a very high Power Rating of 94, leading to the Positive Value Trend Rating.
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