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MKM Partners Raises Price Target on Yelp (YELP) to $48; Reiterates Buy

August 24, 2016 10:45 AM EDT

MKM Partners reiterated a Buy rating on Yelp (NYSE: YELP), and raised the price target to $48.00 (from $40.00), with the belief that the company is firmly on track.

Analyst Rob Sanderson commented, "We are making slight adjustments to our forecast for YELP (full year... More