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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
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
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
