Yelp (YELP) PT Raised to $43 at Needham & Company Following Strong Q3
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Baird Raises Price Target on Yelp (YELP) to $40 Following 3Q
November 3, 2016 6:44 AM EDTBaird reiterated a Neutral rating on Yelp (NYSE: YELP), and raised the price target to $40.00 (from $35.00), following the company's 3Q earnings report. YELP reported revenue of $186.2M, exceeding guidance of $180-184M driven primarily by local ad revenue outperformance, and accelerating ad... More
Yelp (YELP) PT Raised to $55 at RBC Capital on Robust Local Advertising
November 2, 2016 12:16 PM EDTRBC Capital analyst Mark Mahaney reiterated an Outperform rating and raised his price target on Yelp (NYSE: YELP) to $55.00 (from $48.00) after the company posted another beat and raise quarter, with the Local Advertising segment sustaining a very robust 41% Y/Y growth.
Mahaney highlighted:
1) Local Ad Revenue Growth 3rd... More
Yelp (YELP) Tops Q3 EPS Views; Guides FY16 Revenue Above Expectations
November 2, 2016 7:32 AM EDTYelp (NYSE: YELP) reported Q3 adjusted EPS of $0.22, $0.25 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $186.2 million versus the consensus estimate of $183 million.
Business Highlights
Local revenue: Local revenue increased 41% year over year to $163.6 million driven by strong productivity... More