page contents

«

»

Print this Post

Yelp Receives New Coverage from Analysts at CRT Capital (YELP)

CRT Capital began coverage on shares of Yelp (NASDAQ:YELP) in a research note issued to investors on Thursday, TheFlyOnTheWall.com reports. The firm issued a fair value rating on the stock.

CRT Capital has also taken action a number of other information technology stocks recently. The firm initiated coverage on shares of Zillow Inc.. They issued a fair value rating on that stock. Also, CRT Capital initiated coverage on shares of AOL Inc. They issued a fair value rating on that stock.

Other equities research analysts have also recently issued reports about the stock. Analysts at Needham Company raised their price target on shares of Yelp (NASDAQ:YELP) from $52.00 to $78.00 in a research note to investors on Wednesday, September 18th. They now have a buy rating on the stock. Separately, analysts at UBS AG raised their price target on shares of Yelp (NASDAQ:YELP) from $42.00 to $70.00 in a research note to investors on Thursday, September 12th. They now have a neutral rating on the stock. Finally, analysts at Barclays Capital initiated coverage on shares of Yelp (NASDAQ:YELP) in a research note to investors on Friday, September 6th. They set an overweight rating on the stock.

Thirteen equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Yelp currently has an average rating of Buy and a consensus price target of $49.59.

Shares of Yelp (NASDAQ:YELP) opened at 70.02 on Thursday. Yelp has a one year low of $16.32 and a one year high of $71.50. The stock’s 50-day moving average is $56.22 and its 200-day moving average is $36.73. The company’s market cap is $4.567 billion.

In other Yelp news, CEO Jeremy Stoppelman sold 14,706 shares of the company’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $64.27, for a total value of $945,154.62. The sale was disclosed in a filing with the SEC, which is available at this link.

Yelp Inc connects people with great local businesses. Its users have contributed a total of approximately 36.

The Fly On The Wall

Get Analysts’ Upgrades and Downgrades via Email – Stay on top of analysts’ coverage with Analyst Ratings Network’s FREE daily email newsletter that provides a concise list of analysts’ upgrades and downgrades. Click here to register now.

(272)

About the author

Mystic Maggie

All of the Mystic Maggie Posts are RSS Reader Feeds from around the web. All copyright remains with the original publisher. No copyright is claimed or intended. Where supplied, links back to the original article are included.

Permanent link to this article: http://yelp-sucks.com/yelp-receives-new-coverage-from-analysts-at-crt-capital-yelp.html

//pagead2.googlesyndication.com/pagead/js/adsbygoogle.js

Powered by WordPress Lab
Powered by Yahoo! Answers