Yelp Reports Second Quarter 2017 Financial Results

Yelp (YELP) PT Raised to $36 at Barclays

Barclays raised its price target on Yelp (NYSE: YELP) to $36.00 (from $28.00) while maintaining a Equalweight rating.

Yelp (YELP) PT Raised to $45 at Deutsche Bank

Deutsche Bank raised its price target on Yelp (NYSE: YELP) to $45.00 (from $36.00) while maintaining a Buy rating.

Analyst Lloyd Walmsley commented, "We would add to Yelp positions given a stabilizing core with solid user growth, increasing engagement per user across more use... More

Yelp (YELP) PT Raised to $43 at Jefferies

Jefferies raised its price target on Yelp (NYSE: YELP) to $43.00 (from $37.00) while maintaining a Buy rating.

Yelp (YELP) PT Raised to $35 at Stifel

Stifel raised its price target on Yelp (NYSE: YELP) to $35.00 (from $32.00) while maintaining a Hold rating.

Analyst John Egbert commented, "We are encouraged by improving trends in Yelp's core business and think the Grubhub deal is a rare 'win / win' scenario... More

Yelp (YELP) PT Raised to $38 at Cowen

Cowen raised its price target on Yelp (NYSE: YELP) to $38.00 (from $33.00) while maintaining a Market Perform rating.

Yelp (YELP) PT Raised to $43 at Needham & Company

Needham & Company raised its price target on Yelp (NYSE: YELP) to $43.00 (from $30.00) while maintaining a Buy rating following a Q2 beat and raised FY17 revenue and EBITDA guidance.

Analyst Kerry Rice comments, "Advertising growth, particularly self-service, was the key revenue upside driver. Yelps... More

Yelp (YELP) Tops Q2 EPS by 28c; Issues Solid Outlook

Yelp (NYSE: YELP) reported Q2 EPS of $0.25, $0.28 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $208.9 million versus the consensus estimate of $204.93 million.

GUIDANCE:

Yelp sees Q3 2017 revenue of $217-222 million, versus the consensus of $219.78... More