MKM Cuts PT on Yelp (YELP) to $65; Lower Monthly Uniques, Increase Spending Concern Investors
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Yelp (YELP) PT Cut to $82 at RBC Capital Post Q4; 'Outperform' Maintained
February 6, 2015 8:24 AM ESTRBC 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 ESTJefferies 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 ESTSterne 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 ESTWunderlich 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 ESTPiper 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
