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Fly News Breaks for October 29, 2015
YELP
Oct 29, 2015 | 08:38 EDT
After Yelp reported in-line Q3 results, Cantor says the company's results and guidance were better than feared. The firm says that the "underlying fundamentals of the company's local ad business remain healthy." It trimmed its price target on the name to $45 from $50 but keeps a Buy rating on the 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.