Yelp (YELP) Price Target Cut to $49 at Evercore ISI

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Yelp (YELP) Decline Overdone, Says Deutsche Bank

February 6, 2015 8:55 AM EST

Deutsche Bank maintained a Buy rating on Yelp (NYSE: YELP) and lowered its price target to $70.00 (from $75.00). The stock declined following Q4 results. Analyst thinks the stock's decline is overdone.

Analyst Lloyd Walmsley said, "We maintain our Buy rating on Yelp and... More

Yelp (YELP) PT Lowered to $65 at BofA/Merrill Lynch; Thesis Intact

February 6, 2015 8:45 AM EST

BofA/Merrill Lynch analyst Paul Bieber lowered his price target on Yelp (NYSE: YELP) to $65.00 (from $70.00) but maintained a Buy rating saying while Q4 results were mixed the bullish thesis remains intact.

Bieber expects user metrics to recover in Q1 and believe 2015... More

Yelp (YELP) PT Sliced to $57 at Baird

February 6, 2015 8:27 AM EST

Baird analyst Colin Sebastian lowered his price target on Yelp (NYSE: YELP) to $57.00 (from $70.00) following Q4 results that were modestly above consensus with initial 2015 guidance reflecting an aggressive user acquisition strategy.

"Despite Yelp reporting slight upside on both top and... More

Yelp (YELP) PT Cut to $82 at RBC Capital Post Q4; 'Outperform' Maintained

February 6, 2015 8:24 AM EST

RBC Capital analyst Mark Mahaney lowered his price target on Yelp (NYSE: YELP) to $82.00 (from $86.00) following Q4 results but maintained an Outperform rating.

Mahaney commented, "YELP posted a high quality beat in the Local Advertising segment but EBITDA guidance came in below expectations for Q1 and 15, due to a stepped-up marketing campaign."

The firm's 15 Rev reduced 1% to... More

Yelp (YELP) PT Cut to $85 at Jefferies

February 6, 2015 8:21 AM EST

Jefferies US Internet Team lowered estimates and their price target on Yelp (NYSE: YELP) to $85.00 (from $105.00) following Q4 results but maintained a Buy rating.

The team commented, "Yelp reported 4Q results ahead of guidance, delivering on metrics outlined earlier in the year.... More

Yelp (YELP) PT Lowered to $70 at Sterne Agee on Mixed Results

February 6, 2015 8:19 AM EST

Sterne Agee analyst Arvind Bhatia lowered his price target on Yelp (NYSE: YELP) to $70.00 (from $85.00) following Q4 results but maintained a Buy rating.

Bhatia commented, "4Q was another mixed quarter with weaker-than-expected traffic trends, ALBA growth essentially in line but upside in... More

Yelp (YELP) PT Lowered to $90 at Wunderlich Posts Q4; 'Buy' Maintained

February 6, 2015 8:16 AM EST

Wunderlich Securities analyst Black Harper lowered his price target on Yelp (NYSE: YELP) to $90.00 (from $105.00) but maintained a Buy rating following Q4 results. Harper noted that the local business performed well but was offset by higher spending and lower traffice.

Harper commented, "Yelp, Inc. (YELP) reported revenues and... More

Yelp (YELP) PT Cut to $70 at Piper Jaffray Post Q4; 'Overweight' Maintained

February 6, 2015 7:48 AM EST

Piper Jaffray analyst Gene Munster lowered his price target on Yelp (NYSE: YELP) to $70.00 (from $90.00) following Q4 results but maintained a Overweight rating.

Munster commented, "Yelp reported 54% local account growth, 35% review growth, and 13% unique user growth; most of these metrics reported slight... More

Northland Capital Markets Downgrades Yelp (YELP) to Market Perform

February 6, 2015 7:31 AM EST

Northland Capital Markets downgraded Yelp (NYSE: YELP) from Outperform to Market Perform with a price target of $55.00 (from $90.00).

Analyst Darren Aftahi commented, "Downgrading from Outperform to Market Perform; lowering target from $90 to $55. The combination of continued decelerating unique user growth and somewhat unexpected... More

Pacific Crest Downgrades Yelp (YELP) to Sector Perform

February 6, 2015 6:38 AM EST

Pacific Crest downgraded Yelp (NYSE: YELP) from Outperform to Sector Perform and removed its price target (prior $85.00).

For an analyst ratings summary and ratings history on Yelp click here. For more ratings news on Yelp click here.

Shares of Yelp closed at $57.47 yesterday.

... More

B. Riley Downgrades Yelp (YELP) to Sell

February 6, 2015 6:37 AM EST

B. Riley downgraded Yelp (NYSE: YELP) from Buy to Sell with a price target of $42.50 (from $74.00).

For an analyst ratings summary and ratings history on Yelp click here. For more ratings news on Yelp click here.

Shares of Yelp closed at $57.47 yesterday.

... More

Yelp (YELP) Tops Q4 EPS by 1c; Guides In-Line

February 5, 2015 4:07 PM EST

Yelp (NYSE: YELP) reported Q4 EPS of $0.08, $0.01 better than the analyst estimate of $0.07. Revenue for the quarter came in at $109.9 million versus the consensus estimate of $108.36 million.

Yelp sees Q1 2015 revenue of $114-116 million, versus the consensus of $115 million.

Yelp sees FY2015 revenue of $538-543 million, versus the consensus of $537.98 million.

"We are extremely... More