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Fly News Breaks for June 23, 2015
YELP
Jun 23, 2015 | 06:23 EDT
Topeka initiated Yelp with a Buy rating and $60 price target. The firm believes Yelp's sales force expansion will drive 50% or greater growth in Local Advertising revenues and the YP partnership and Eat24 will contribute to incremental upside.
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.
