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Fly News Breaks for April 13, 2017
YELP
Apr 13, 2017 | 09:24 EDT
Deutsche Bank analyst Lloyd Walmsley said negative sentiment on Yelp has been overblown and he expects Local Advertising Account additions to perform better in Q1. Improving self-serve infrastructure can drive higher ARPU and allow the company room to spend more on marketing, added Walmsley, who sees "the bar here as low for Yelp" ahead of the company's upcoming earnings report. He keeps a Buy rating and $52 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.
