Yelp price target raised to $105 from $90 at Wunderlich Wunderlich raised its price target for Yelp (YELP) shares to $105 to reflect the company's strategic deal with YP and its recent integration into Yahoo's (YHOO) local search results. The firm keeps a Buy rating on Yelp.
Yelp pullback a buying opportunity, says Wunderlich Wunderlich recommends using the pullback in shares of Yelp as a buying opportunity. The firm says its checks with Yelp advertisers has reinforced the value of the ads. It thinks acquisition rumors could resurface with Yelp now trading at a "more affordable price." Wunderlich reiterates a Buy rating on the stock with a $105 price target.