Form 8-K YELP INC For: Aug 08

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Go back to Form 8-K YELP INC For: Aug 08

Yelp (YELP) Adds to Early Gains Post-EPS; Shares up 21%

August 9, 2018 9:44 AM EDT

Yelp (NYSE: YELP) adds to early gains following results following solid results and guidance after the close. Shares are up 21% on volume that is running 123x the norm.

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Yelp (YELP) PT Raised to $53 at RBC Capital

August 9, 2018 8:54 AM EDT

RBC Capital raised its price target on Yelp (NYSE: YELP) to $53.00 (from $52.00) while maintaining an Outperform rating.

Analsyt Mark Mahaney noted PAAs (Paying Advertising Accounts) increased by a record 17K and Traffic trends were neutral to positive. He said the non-term ad shift seems to be working.

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