Yelp Seen Poised To Outperform Peers, Show Ad Growth

By | October 10, 2014

Scalper1 News

On Friday, Sterne Agee initiated coverage of Yelp with a buy rating. The brokerage and investment bank said that the consumer review website is poised to grow sales faster than its rivals, thanks to its accelerating advertiser growth and its massive community of online reviewers and consumers. Sterne Agee set a price target of 85 on Yelp (YELP) stock. But the stock was down nearly 3% in midday trading in the stock market today, near 67. Yelp stock Scalper1 News

Scalper1 News