Yelp (YELP) PT Raised to $43 at Needham & Company
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Yelp (YELP) PT Raised to $36 at Barclays
August 4, 2017 9:32 AM EDTBarclays raised its price target on Yelp (NYSE: YELP) to $36.00 (from $28.00) while maintaining a Equalweight rating.
... MoreYelp (YELP) PT Raised to $45 at Deutsche Bank
August 4, 2017 8:39 AM EDTDeutsche 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
August 4, 2017 8:25 AM EDTJefferies raised its price target on Yelp (NYSE: YELP) to $43.00 (from $37.00) while maintaining a Buy rating.
... MoreYelp (YELP) PT Raised to $35 at Stifel
August 4, 2017 6:17 AM EDTStifel 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
August 4, 2017 6:11 AM EDTCowen raised its price target on Yelp (NYSE: YELP) to $38.00 (from $33.00) while maintaining a Market Perform rating.
... MoreMKM Partners Upgrades Yelp (YELP) to Buy
August 4, 2017 5:42 AM EDTMKM Partners upgraded Yelp (NYSE: YELP) from Buy to Buy with a price target of $48.00 (from $27.00).
For an analyst ratings summary and ratings history on Yelp click here. For more ratings news on Yelp click here.
Shares of Yelp closed at $31.37 yesterday.
... MoreYelp to sell Eat24 for $287.5 million, authorizes share repurchase
August 3, 2017 5:05 PM EDTBy Marc Vartabedian
SAN FRANCISCO (Reuters) - Yelp Inc (NYSE: YELP) said on Thursday it would sell its Eat24 business to Grubhub (NYSE: GRUB) for $287.5 million in cash, news along with better-than-expected quarterly revenue that drove its shares up more than 18 percent.
The consumer review website operator... More
Yelp (YELP) Tops Q2 EPS by 28c; Issues Solid Outlook
August 3, 2017 4:07 PM EDTYelp (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
Grubhub (GRUB), Yelp (YELP) Announce Long-term Pact to Connect Consumers with the Best Food Ordering Options; Grubhub Will acquire Yelp's Eat24
August 3, 2017 4:03 PM EDTGrubhub Inc. (NYSE: GRUB), the nation's leading online and mobile food ordering company, and Yelp Inc. (NYSE: YELP), the leader in connecting people with great local businesses, today announced a long-term partnership designed to capitalize on each company's unique assets and propel online takeout and delivery. As part of the agreement, Grubhub will acquire Yelp's Eat24 business and Yelp will integrate online ordering from all Grubhub restaurants onto its extensive local goods and services platform.
"Grubhub and Yelp, market leaders in their respective fields, have a shared mission of... More
