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3 Buzzing Social Media Stocks: Facebook Buys Onavo, Yelp Gets a Nod

– 1 week ago @ wallstcheatsheet.com: Yelp (NYSE:YELP): Wunderlich raised its price target for Yelp shares to $82 from $53, saying that the company’s new products make it better positioned to capture marketing funds from local businesses. Wunderlich added that its survey of 50 businesses …

– 1 day ago @ streetinsider.com: “We expect Yelp to report solid 3Q results at or above the high end of guidance as local online advertising continues to witness strong secular growth driven by the shift in Internet usage to mobile where 50% of queries have local context,” said Anmuth.

– 1 week ago @ wallstcheatsheet.com: Yelp (NYSE:YELP): Cowen raised Yelp’s price target to $80 from $60 following management meetings that increased confidence in higher advertising growth trajectory. The firm continues to believe that Yelp is in the early stages of monetization, and that …

– 1 week ago @ benzinga.com: In a report published Thursday, Wunderlich Securities analyst Blake T. Harper reiterated a Buy rating on Yelp (NYSE: YELP), and raised the price target from $53.00 to $82.00. In the report, Wunderlich Securities noted, “We are raising our price target …

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Mystic Maggie

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