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Fly News Breaks for January 8, 2019
YELP
Jan 8, 2019 | 06:06 EDT
Needham analyst Brad Erickson initiated Yelp with a Hold rating, saying that while the company should see continued benefit from growth in offline-to-online shift in local advertising, he is concerned by the "persistent undermonetization of Home & Local services". The analyst notes that he is awaiting a more specific "roadmap for better attribution and monetization" to become more positive 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.
