A number of firms have modified their ratings and price targets on shares of Yelp (NYSE: YELP) recently:

  • 8/10/2017 – Yelp had its “neutral” rating reaffirmed by analysts at Robert W. Baird. They now have a $37.00 price target on the stock, up previously from $26.00.
  • 8/9/2017 – Yelp had its “neutral” rating reaffirmed by analysts at B. Riley. They now have a $36.00 price target on the stock.
  • 8/9/2017 – Yelp had its “sell” rating reaffirmed by analysts at UBS AG. They now have a $30.00 price target on the stock, up previously from $28.00.
  • 8/9/2017 – Yelp had its “market perform” rating reaffirmed by analysts at Cowen and Company. They now have a $38.00 price target on the stock, up previously from $33.00.
  • 8/8/2017 – Yelp was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Yelp, Inc. is a website engaged in providing information through online community offering social networking. It covers restaurants, shopping, nightlife, financial services, health and a variety of services. The company serves customers in the United States, Canada, the United Kingdom, Ireland, France, Germany, Austria, the Netherlands, Spain, Italy, Switzerland and Belgium. Yelp, Inc. is headquartered in San Francisco, California. “
  • 8/4/2017 – Yelp had its “neutral” rating reaffirmed by analysts at B. Riley. They now have a $36.00 price target on the stock.
  • 8/4/2017 – Yelp had its price target raised by analysts at Jefferies Group LLC from $37.00 to $43.00. They now have a “buy” rating on the stock.
  • 8/4/2017 – Yelp had its “overweight” rating reaffirmed by analysts at J P Morgan Chase & Co. They now have a $46.00 price target on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 8/4/2017 – Yelp had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $43.00 price target on the stock, up previously from $30.00.
  • 8/4/2017 – Yelp had its price target raised by analysts at Royal Bank Of Canada from $27.00 to $36.00. They now have a “sector perform” rating on the stock.
  • 8/4/2017 – Yelp was given a new $40.00 price target on by analysts at Credit Suisse Group. They now have a “buy” rating on the stock.
  • 8/4/2017 – Yelp was upgraded by analysts at MKM Partners from a “neutral” rating to a “buy” rating. They now have a $31.31 price target on the stock, up previously from $27.00.
  • 8/4/2017 – Yelp had its “equal weight” rating reaffirmed by analysts at Barclays PLC. They now have a $36.00 price target on the stock, up previously from $28.00.
  • 8/4/2017 – Yelp had its “buy” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $45.00 price target on the stock, up previously from $36.00.
  • 8/4/2017 – Yelp was upgraded by analysts at Roth Capital from a “sell” rating to a “neutral” rating. They now have a $35.00 price target on the stock, up previously from $21.00.
  • 8/4/2017 – Yelp was given a new $35.00 price target on by analysts at Stifel Nicolaus. They now have a “hold” rating on the stock.
  • 8/4/2017 – Yelp had its “hold” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $37.00 price target on the stock.
  • 7/31/2017 – Yelp was given a new $21.00 price target on by analysts at Roth Capital. They now have a “sell” rating on the stock.
  • 7/28/2017 – Yelp was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 7/20/2017 – Yelp had its “equal weight” rating reaffirmed by analysts at Morgan Stanley. They now have a $26.00 price target on the stock, down previously from $28.00.
  • 7/12/2017 – Yelp was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 7/3/2017 – Yelp had its “neutral” rating reaffirmed by analysts at Robert W. Baird.
  • 6/23/2017 – Yelp had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $37.00 price target on the stock.
  • 6/22/2017 – Yelp was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 6/15/2017 – Yelp was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 6/14/2017 – Yelp was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Yelp, Inc. is a website engaged in providing information through online community offering social networking. It covers restaurants, shopping, nightlife, financial services, health and a variety of services. The company serves customers in the United States, Canada, the United Kingdom, Ireland, France, Germany, Austria, the Netherlands, Spain, Italy, Switzerland and Belgium. Yelp, Inc. is headquartered in San Francisco, California. “

Yelp Inc. (NYSE YELP) opened at 41.55 on Thursday. Yelp Inc. has a one year low of $26.93 and a one year high of $43.41. The firm has a 50-day moving average price of $32.40 and a 200 day moving average price of $33.36. The firm has a market capitalization of $3.35 billion, a PE ratio of 561.49 and a beta of 1.48.

Yelp (NYSE:YELP) last issued its quarterly earnings data on Thursday, August 3rd. The local business review company reported $0.09 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.03) by $0.12. Yelp had a return on equity of 1.64% and a net margin of 1.67%. The company had revenue of $209.90 million for the quarter, compared to the consensus estimate of $204.89 million. During the same quarter last year, the business posted $0.16 earnings per share. The firm’s revenue was up 21.0% compared to the same quarter last year. Analysts anticipate that Yelp Inc. will post $0.06 EPS for the current fiscal year.

In related news, SVP Laurence Wilson sold 3,128 shares of the stock in a transaction on Tuesday, May 23rd. The stock was sold at an average price of $28.23, for a total value of $88,303.44. Following the sale, the senior vice president now owns 181,947 shares in the company, valued at $5,136,363.81. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Joseph R. Nachman sold 3,789 shares of the stock in a transaction on Tuesday, May 23rd. The stock was sold at an average price of $28.23, for a total value of $106,963.47. Following the completion of the sale, the chief operating officer now owns 137,615 shares in the company, valued at approximately $3,884,871.45. The disclosure for this sale can be found here. Insiders sold 109,751 shares of company stock worth $3,841,130 in the last quarter. 10.10% of the stock is currently owned by company insiders.

Yelp Inc (Yelp) connects people with local businesses by bringing ‘word of mouth’ online and providing a platform for businesses and consumers to engage and transact. The Company offers local business review sites. Yelp provides a platform for consumers to share their everyday local business experiences with other consumers by posting reviews, tips, photos and videos, and to engage directly with businesses, through reviews, its Request-A-Quote and Message the Business features, and by completing transactions on the Yelp Platform.

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