Yelp gets downgraded to sell at UBS

Online review company Yelp Inc. was downgraded by UBS, which said that the firm will struggle to grow local advertising revenue against scaled rivals such as Facebook and Alphabet. UBS analysts led by Eric Sheridan said in a note to clients they now rate the stock a sell, while keeping their price target unchanged at…

YELP Stock: Is It Time to Dump Yelp Inc.?

Option Trading Partners News YELP Stock: Is It Time to Dump Yelp Inc.? Yelp.com posted a loss of $8.1 million ($0.11 per share), against a profit of $3.6 million ($0.05 per share) a year earlier. Adjusted EPS totaled $0.03. Analysts on average expected a loss per share of $0.09 for the period. The loss comes…