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Yelp (YELP) PT Lifted to $80 at Jefferies

– 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 …

– 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 …

– 5 days ago @ forbes.com: Congresswoman Nancy Pelosi cut the ribbon on Yelp Yelp’s new headquarters Wednesday, making San Francisco’s PacBell building the company’s official new home. The move is a landmark for the online review company, which has been headquartered in …

– 5 days ago @ lasvegasweekly.com: A group of California Yelp reviewers recently filed a class action lawsuit against the popular website claiming their reviews of restaurants and other businesses are integral to Yelp’s success, and therefore, they deserve compensation—even though all …

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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.

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