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Yelp Inc (NYSE:YELP)’s target price raised to $80

– 20 hours 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 day ago @ streetinsider.com: Cowen maintained an Outperform rating on Yelp (NYSE: YELP) with a modified price target of $80.00 (from $60.00). Analyst Kevin Kopelman said he was more confident in the company’s advertiser growth trajectory. Comments follow meetings with …

– 23 hours ago @ seekingalpha.com: Cowen’s Kevin Kopelman has raised his Yelp ( YELP +6% ) PT to $80 from $60, and says he’s more confident about the company’s ad sales growth following talks with management. Kopelman’s long-term view definitely isn’t a conservative one: He predicts Yelp will have a whopping 700K advertisers in 10 years, up from a mere 51.4K at the end of Q2. Shares are close to their all-time high of $71.50 …

– 1 day ago @ schaeffersresearch.com: Analysts are weighing in today on streaming video service Netflix, Inc. (NASDAQ:NFLX), telecom concern Nokia Corporation (ADR) (NYSE:NOK), and online review forum Yelp Inc (NYSE:YELP). Here’s a quick roundup of today’s bullish brokerage notes.

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Mystic Maggie

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