BofA/Merrill Lynch Downgrades Yelp (YELP) to Neutral
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Yelp (YELP) PT Slashed to $52 at SunTrust; 'Buy' Maintained on Discount
April 30, 2015 7:58 AM EDTSunTrust Robinson Humphrey analyst Robert Peck slashed his price target on Yelp (NYSE: YELP) to $52.00 (from $70.00) following the company's Q1 miss but maintained a Buy rating as the stock is trading at at 30-60% discount to the group.
Pecks Points. Surprising... More
Northland Capital Markets Downgrades Yelp (YELP) to Underperform
April 30, 2015 7:28 AM EDTNorthland Capital Markets downgraded Yelp (NYSE: YELP) from Market Perform to Underperform with a price target of $35.00 (from $49.00).
Analyst Darren Aftahi commented, "We are downgrading shares of YELP after its 1Q underperformance and weak 2Q guidance. FY15 guidance maintained implying a now steeper 2H15 ramp in... More
RBC Capital Downgrades Yelp (YELP) to Sector Perform; 'Very Negative' Q1 Results
April 30, 2015 6:30 AM EDTRBC Capital downgraded Yelp (NYSE: YELP) from Outperform to Sector Perform with a price target of $50.00 (from $82.00) on "very negative" Q1 results, with an outlook for Q2 that implies ongoing deceleration.
Analyst Mark Mahaney commented, "YELP was off 15% in the aftermarket following the call. YELP shares had been rallying recently, which partly explains the magnitude. But this was also a negative inflection point qtr. We... More
Yelp (YELP) Tops Q1 EPS by 9c; Issues Light Q2 Revenue Outlook, Guides FY15 Revs Below Consensus
April 29, 2015 4:06 PM EDTYelp (NYSE: YELP) reported Q1 EPS of $0.10, $0.09 better than the analyst estimate of $0.01. Revenue for the quarter came in at $118.5 million versus the consensus estimate of $119.93 million.
Average monthly mobile unique visitors grew 29% year over year to approximately 79 million and average monthly... More
