Information Provided By: 
Fly News Breaks for November 12, 2018
YELP
Nov 12, 2018 | 07:08 EDT
Citi analyst Mark May lowered his price target for Yelp to $42 after the company's Q3 results missed expectations. While churn levels were in-line with expectations, Yelp pointed to a number of smaller issues leading to lower than expected gross additions, May tells investors in a post-earnings research note. He says many of these issues are already being addressed, but are expected to weigh on Q4 results. The analyst keeps a Buy rating on Yelp, noting the shares are trading at a "historical support level."
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.
