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- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Baird Remains Sidelined on Yelp (YELP) as Local Ad Strength Fuels 2Q Beat
August 10, 2016 7:48 AM EDTBaird reiterated a Neutral rating on Yelp (NYSE: YELP), and raised the price target to $35.00 (from $25.00), following the company's 2Q earnings report. Revenue of $173.4M exceeded $169.1M estimates, while Local advertising revenue of $151.9M was also above consensus expectations of $147.8M. FY16... More
Susquehanna Remains Sidelined on Yelp (YELP) Following Solid 4Q Results
August 10, 2016 6:59 AM EDTSusquehanna reiterated a Neutral rating on Yelp (NYSE: YELP), and raised the price target to $35.00 (from $22.00), following the company's 2Q earnings report. Revenue was 2% above consensus, driven by higher local advertising, while transaction revenue came in slightly lower than consensus expectations. EPS of $0.16 was $0.01... More
