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Fly News Breaks for July 21, 2015
YELP
Jul 21, 2015 | 08:09 EDT
Brean Capital noted Yelp's management has at least temporarily discontinued efforts to find a buyer, which the firm believes is a positive indicator on near-term trends. The firm expects shares to be volatile following earnings, as they believe many investors are in the stock right now because of the potential for a sale. Brean Capital reiterated its Buy rating and $58 price target on Yelp shares.
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.
