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Fly News Breaks for April 30, 2015
YELP
Apr 30, 2015 | 09:08 EDT
After Yelp reported weaker than expected results, Pacific Crest says the results show that the company's business is definitely decelerating. The firm says that the continuing slowdown in advertiser and user growth makes Yelp's 2H15 guidance for revenue reacceleration more difficult to believe. It keeps a Sector Weight rating on the name.
News For YELP From the Last 2 Days
YELP
Apr 24, 2024 | 08:07 EDT
Jefferies raised the firm's price target on Yelp to $43 from $42 and keeps a Hold rating on the shares. In a preview note for the U.S. Internet group, the firm says it will be looking for signs of sustainability in elevated ARPU growth at Yelp, especially as locations/app MAUs remain in decline.
