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Fly News Breaks for February 8, 2018
YELP
Feb 8, 2018 | 07:29 EDT
Baird analyst Colin Sebastian noted Yelp reported Q4 results that beat top-line expectations. He said although execution is improving and the pace of product development is encouraging, the transition to a more transaction oriented model requires additional headcount investments, which will likely weigh on margins and sentiment. Sebastian maintained his Neutral rating and $44 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.
