Yelp Announces Second Quarter 2015 Financial Results
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MKM Partners Downgrades Yelp (YELP) to Neutral
July 29, 2015 3:14 PM EDTMKM Partners downgraded Yelp (NYSE: YELP) from Buy to Neutral.
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 $33.51 yesterday.
... MoreYelp (YELP) PT Slashed to $36 at RBC Capital
July 29, 2015 8:14 AM EDTRBC Capital analyst Mark Mahaney lowered his price target on Yelp (NYSE: YELP) to $36.00 (from $50.00) while reiterating a Sector Perform rating following in-line Q2 results but materially lowered its 2015 outlook due to salesforce growth/retention challenges (citing the negative impact of the... More
JMP Securities Downgrades Yelp (YELP) to Market Perform
July 29, 2015 7:41 AM EDTJMP Securities downgraded Yelp (NYSE: YELP) from Market Outperform to Market Perform.
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 $33.51 yesterday.
... MoreYelp (YELP) PT Cut to $37 at SunTrust Robinson Humphrey; Keeps 'Buy'
July 29, 2015 7:24 AM EDTSunTrust Robinson Humphrey analyst Robert Peck cut his price target on Yelp (NYSE: YELP) to $37.00 (from $52.00) following results but maintained a Buy on risk/reward and reset expectaions.
Peck commented, ". We have been wrong on YELP. Our thesis had been predicated on much better... More
Brean Capital Cuts Price Target on Yelp (YELP) to $40 Following 2Q15 Results
July 29, 2015 7:07 AM EDTBrean Capital maintained a Buy rating on Yelp (NYSE: YELP), and cut the price target to $40.00 (from $58.00), following 2Q15 results. Sales of $133.9MM were slightly higher than the consensus forecast of $133.5MM. Management guided 3Q15 revenues to $139MM-$142MM vs. the consensus of $153MM.
Anlayst Tom Forte commented, "While 3Q15 And 2015 Guidance Come Up Short. Yelp... More
BofA/Merrill Lynch Downgrades Yelp (YELP) to Underperform
July 29, 2015 6:59 AM EDTBofA/Merrill Lynch downgraded Yelp (NYSE: YELP) from Neutral to Underperform with a price target of $25.00.
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 $33.51 yesterday.
... MoreTopeka Capital Downgrades Yelp (YELP) to Hold
July 29, 2015 6:41 AM EDTTopeka Capital downgraded Yelp (NYSE: YELP) from Buy to Hold with a price target of $30.00 (from $60.00).
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 $33.51 yesterday.
... MoreMorgan Stanley Downgrades Yelp (YELP) to Equalweight
July 29, 2015 6:41 AM EDTMorgan Stanley downgraded Yelp (NYSE: YELP) from Overweight to Equalweight.
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 $33.51 yesterday.
... MoreUPDATE: Oppenheimer Downgrades Yelp (YELP) to Perform
July 29, 2015 6:40 AM EDT(Updated - July 29, 2015 10:06 AM EDT)
Oppenheimer downgraded Yelp (NYSE: YELP) from Outperform to Perform and removed its price target (prior $60). The change follows disappoint Q2 results and guidance. Analyst Jason Helfstein pointed out concerns about long-term margins.
"The revised outlook reflects... More
Raymond James Downgrades Yelp (YELP) to Market Perform
July 29, 2015 6:39 AM EDTRaymond James downgraded Yelp (NYSE: YELP) from Outperform to Market Perform and removed its price target (prior $55.00).
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 $33.51 yesterday.
... MoreCowen Downgrades Yelp (YELP) to Market Perform
July 29, 2015 6:30 AM EDTCowen downgraded Yelp (NYSE: YELP) from Outperform to Market Perform with a price target of $25.00 (from $55.00) following disappointing Q2 results and outlook.
Analyst Kevin Kopelman commented, "Yelp reduced FY15 guidance by 5% for rev. and 30% for EBITDA driven by the inability to retain veteran... More
Yelp (YELP) Chairman Max Levchin to step down - CNBC
July 28, 2015 4:53 PM EDTYelp (NYSE: YELP) Chairman Max Levchin to step down, according to CNBC. Levchin will step down to pursue other interests, according to headlines.
... MoreYelp (YELP) Misses Q2 EPS by 3c, Q3 & FY Guidance Falls Short
July 28, 2015 4:07 PM EDTYelp (NYSE: YELP) reported Q2 EPS of ($0.02), $0.03 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $133.9 million versus the consensus estimate of $133.48 million.
Yelp sees Q3 2015 revenue of $139-142 million, versus the consensus of $152.66 million.
Yelp sees FY2015 revenue of $544-550 million, versus the consensus... More
