Yelp Upgraded On Fundamentals; Stock Hits High

By | February 6, 2014

Scalper1 News

Online directory Yelp (YELP) got an upgrade and three price-target increases Thursday after it reported Q4 results and guided 2014 late Wednesday, sending shares to a new high on the stock market today. The company said Q4 sales rose 72% over the year-earlier quarter to $70.7 million, beating analysts’ consensus by more than $3 million. It also guided Q1 and 2014 revenue above expectations; the latter range is now $353 million to $358 million, vs. Scalper1 News

Scalper1 News