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Yelp Shares Rise As Jefferies Ups Price Target

– 7 hours ago @ finance.yahoo.com: Jefferies raised its price target for Yelp shares to $80 following the close of the company’s secondary offering. The firm recommends buying the stock post the secondary offering and reiterates a Buy rating …

– 1 week ago @ marketwatch.com: SAN FRANCISCO (MarketWatch) — Yelp Inc. saw its shares fall as much as 8% Wednesday as investors appeared to be more concerned about the online review and recommendation company’s plans for a $250 million stock offering than its upbeat quarterly …

– 2 hours ago @ seekingalpha.com: Jefferies has raised its Yelp ( YELP +3.5% ) PT to $80 from $50. The firm asserts Yelp’s “breadth, depth and penetration of content is very hard to replicate,” and remains the company’s “core competitive advantage.” Concerns about intensified competition from Facebook and Google has pressured Yelp’s shares more than once. But as the company’s Q3 metrics demonstrate – cumulative reviews, monthly …

– 6 hours ago @ streetinsider.com: “We continue to believe Yelp’s breadth, depth and penetration of content is very hard to replicate and is the company’s core competitive advantage against other players trying to enter this market,” the team said. The firm trimmed Q4 EPS from $0.02 to …

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Mystic Maggie

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