Yelp (YELP) PT Raised to $53 at RBC Capital
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Price: $26.52 +1.03%
Rating Summary:
17 Buy, 24 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 2
Rating Summary:
17 Buy, 24 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 2
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RBC Capital raised its price target on Yelp (NYSE: YELP) to $53.00 (from $52.00) while maintaining an Outperform rating.
Analsyt Mark Mahaney noted PAAs (Paying Advertising Accounts) increased by a record 17K and Traffic trends were neutral to positive. He said the non-term ad shift seems to be working.
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