Yelp Reports First Quarter 2017 Financial Results
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Yelp (YELP) PT Lowered to $22 at Susquehanna
May 10, 2017 10:17 AM EDTSusquehanna lowered its price target on Yelp (NYSE: YELP) to $22.00 (from $35.00) while maintaining a Neutral rating saying sales force missteps and elevated churn drive big downward revision.
The firm is lowering 2017 revenue estimate by 5%, EBITDA by 16%, and EPS by 9%. They are also introducing 2018... More
Yelp (YELP) PT Lowered to $26 at Baird Following 1Q
May 10, 2017 8:12 AM EDTBaird lowered its price target on Yelp (NYSE: YELP) to $26.00 (from $40.00) while maintaining a Neutral rating. YELP reported 1Q revenues of $197.3M, slightly below the consensus estimate of $198.3M and at the midpoint of guidance of $195-199M. Adjusted EBITDA of $29M... More
Yelp (YELP) PT Lowered to $32 at Stifel; Retention Issues Leads to Weak Guide
May 10, 2017 6:33 AM EDTStifel lowered its price target on Yelp (NYSE: YELP) to $32.00 (from $40.00) while maintaining a Hold rating as retention issues drove a weak Q2 and FY guide.
Analyst John Egbert said the company's core advertising revenue / KPIs are generally decelerating and 1Q... More
