Yelp (YELP) Misses Q2 EPS by 3c, Q3 & FY Guidance Falls Short

MKM Partners Downgrades Yelp (YELP) to Neutral

MKM 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.

Yelp (YELP) PT Slashed to $36 at RBC Capital

RBC 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

JMP 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.

Yelp (YELP) PT Cut to $37 at SunTrust Robinson Humphrey; Keeps 'Buy'

SunTrust 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

Brean 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

BofA/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.

Topeka Capital Downgrades Yelp (YELP) to Hold

Topeka 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.

Morgan Stanley Downgrades Yelp (YELP) to Equalweight

Morgan 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.

UPDATE: Oppenheimer Downgrades Yelp (YELP) to Perform

(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

Raymond 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.

Cowen Downgrades Yelp (YELP) to Market Perform

Cowen 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

Yelp (NYSE: YELP) Chairman Max Levchin to step down, according to CNBC. Levchin will step down to pursue other interests, according to headlines.