Baird analyst Colin Sebastian lowered the firm’s price target on Yelp (YELP) to $37 from $39 and keeps a Neutral rating on the shares. The firm said management continues to execute well as Yelp consolidates share in home services advertising, leveraging a multi-year technology and product focus that is somewhat masked by headwinds in the restaurant and retail verticals.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on YELP: