Analysts’ Recent Ratings Updates for Yelp (YELP)

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A number of research firms have changed their ratings and price targets for Yelp (NYSE: YELP):

9/14/2016 – Yelp had its price target raised by analysts at Mizuho from $40.00 to $42.00. They now have a “buy” rating on the stock.
9/12/2016 – Yelp was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $40.05 price target on the stock.
9/12/2016 – Yelp had its “equal weight” rating reaffirmed by analysts at Morgan Stanley. They now have a $34.00 price target on the stock, up previously from $29.00.
9/7/2016 – Yelp had its price target raised by analysts at Macquarie from $39.00 to $46.00. They now have an “outperform” rating on the stock.
9/6/2016 – Yelp had its “buy” rating reaffirmed by analysts at Jefferies Group. They now have a $42.00 price target on the stock.
9/5/2016 – Yelp was upgraded by analysts at Vetr from a “sell” rating to a “hold” rating. They now have a $39.32 price target on the stock.
8/29/2016 – Yelp was downgraded by analysts at Vetr from a “hold” rating to a “sell” rating. They now have a $37.07 price target on the stock.
8/25/2016 – Yelp had its “buy” rating reaffirmed by analysts at MKM Partners. They now have a $48.00 price target on the stock, up previously from $40.00.
8/23/2016 – Yelp was upgraded by analysts at Vetr from a “sell” rating to a “hold” rating. They now have a $36.79 price target on the stock.
8/23/2016 – Yelp had its “sell” rating reaffirmed by analysts at Wells Fargo & Co.. They now have a $23.00 price target on the stock.
8/22/2016 – Yelp was downgraded by analysts at Vetr from a “hold” rating to a “sell” rating. They now have a $36.37 price target on the stock.
8/22/2016 – Yelp had its “buy” rating reaffirmed by analysts at Jefferies Group. They now have a $42.00 price target on the stock.
8/19/2016 – Yelp had its “buy” rating reaffirmed by analysts at Cantor Fitzgerald.
8/16/2016 – Yelp had its “hold” rating reaffirmed by analysts at Vetr.
8/15/2016 – Yelp had its “neutral” rating reaffirmed by analysts at B. Riley. They now have a $27.00 price target on the stock.
8/15/2016 – Yelp was downgraded by analysts at Vetr from a “hold” rating to a “sell” rating. They now have a $36.37 price target on the stock.
8/11/2016 – Yelp had its “outperform” rating reaffirmed by analysts at RBC Capital Markets. They now have a $48.00 price target on the stock, up previously from $36.00.
8/11/2016 – Yelp had its “neutral” rating reaffirmed by analysts at Susquehanna. They now have a $35.00 price target on the stock, up previously from $22.00.
8/11/2016 – Yelp had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $35.00 price target on the stock, up previously from $25.00.
8/10/2016 – Yelp had its “neutral” rating reaffirmed by analysts at B. Riley. They now have a $27.00 price target on the stock.
8/10/2016 – Yelp was upgraded by analysts at Mizuho from a “neutral” rating to a “buy” rating. They now have a $40.00 price target on the stock, up previously from $24.00.
8/10/2016 – Yelp was upgraded by analysts at Axiom Securities from a “hold” rating to a “buy” rating. They now have a $44.00 price target on the stock.
8/10/2016 – Yelp had its price target raised by analysts at Royal Bank Of Canada from $36.00 to $48.00. They now have an “outperform” rating on the stock.
8/10/2016 – Yelp was upgraded by analysts at Bank of America Corp. from an “underperform” rating to a “neutral” rating.
8/10/2016 – Yelp had its price target raised by analysts at Needham & Company LLC from $34.00 to $42.00. They now have a “buy” rating on the stock.
8/10/2016 – Yelp had its “outperform” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $50.00 price target on the stock, up previously from $46.00.
8/10/2016 – Yelp was upgraded by analysts at Raymond James Financial Inc. from a “market perform” rating to an “outperform” rating. They now have a $45.00 price target on the stock.
8/10/2016 – Yelp had its price target raised by analysts at Wedbush from $30.00 to $35.00. They now have a “neutral” rating on the stock.
8/10/2016 – Yelp had its price target raised by analysts at Barclays PLC from $25.00 to $30.00. They now have an “equal weight” rating on the stock.
8/10/2016 – Yelp had its “neutral” rating reaffirmed by analysts at Citigroup Inc.. They now have a $35.00 price target on the stock, up previously from $31.00.
8/10/2016 – Yelp had its price target raised by analysts at Deutsche Bank AG from $33.00 to $41.00. They now have a “buy” rating on the stock.
8/9/2016 – Yelp had its price target raised by analysts at Morgan Stanley from $19.00 to $26.00. They now have an “equal weight” rating on the stock.
8/9/2016 – Yelp had its “hold” rating reaffirmed by analysts at Piper Jaffray Cos.. They now have a $35.00 price target on the stock.
8/9/2016 – Yelp had its “buy” rating reaffirmed by analysts at Jefferies Group. They now have a $28.00 price target on the stock.
8/8/2016 – Yelp had its price target raised by analysts at Cantor Fitzgerald from $38.00 to $42.00. They now have a “buy” rating on the stock.
8/3/2016 – Yelp was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $32.90 price target on the stock.
8/3/2016 – Yelp had its “buy” rating reaffirmed by analysts at MKM Partners. They now have a $40.00 price target on the stock.
7/28/2016 – Yelp was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $32.90 price target on the stock.
7/26/2016 – Yelp had its “hold” rating reaffirmed by analysts at Evercore ISI. They now have a $23.00 price target on the stock.
7/21/2016 – Yelp was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $32.90 price target on the stock.
7/20/2016 – Yelp was downgraded by analysts at Citigroup Inc. from a “buy” rating to a “neutral” rating. They now have a $31.00 price target on the stock, up previously from $27.00.
7/19/2016 – Yelp was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $33.11 price target on the stock.
7/18/2016 – Yelp had its “hold” rating reaffirmed by analysts at Piper Jaffray Cos.. They now have a $22.00 price target on the stock.
7/18/2016 – Yelp had its “buy” rating reaffirmed by analysts at Jefferies Group.
7/16/2016 – Yelp was downgraded by analysts at Zacks Investment Research from a “buy” 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. “

Yelp Inc. (NYSE:YELP) traded up 0.76% during midday trading on Wednesday, reaching $37.18. 941,306 shares of the company’s stock were exchanged. The firm’s 50 day moving average is $35.97 and its 200 day moving average is $27.26. The firm’s market capitalization is $2.88 billion. Yelp Inc. has a 52 week low of $14.53 and a 52 week high of $39.96.
Yelp (NYSE:YELP) last released its earnings results on Tuesday, August 9th. The local business review company reported $0.01 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.07) by $0.08. The firm earned $173.40 million during the quarter, compared to analyst estimates of $169.82 million. Yelp had a negative return on equity of 6.14% and a negative net margin of 7.20%. The business’s quarterly revenue was up 29.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.12 earnings per share. On average, equities analysts anticipate that Yelp Inc. will post ($0.19) earnings per share for the current year.

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In other Yelp news, SVP Michael Stoppelman sold 2,781 shares of the stock in a transaction that occurred on Tuesday, August 23rd. The stock was sold at an average price of $37.45, for a total transaction of $104,148.45. Following the transaction, the senior vice president now owns 131,948 shares of the company’s stock, valued at approximately $4,941,452.60. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, COO Geoffrey L. Donaker sold 6,000 shares of the stock in a transaction that occurred on Wednesday, June 29th. The stock was sold at an average price of $28.32, for a total value of $169,920.00. Following the transaction, the chief operating officer now directly owns 6,000 shares in the company, valued at approximately $169,920. The disclosure for this sale can be found here. Company insiders own 11.08% of the company’s stock.
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 provides local business review sites. Yelp provides a platform for consumers to share their everyday local business experiences, through reviews, tips, photos and videos, and engages directly with businesses, through reviews, phone calls and its Message the Business feature.

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