Yelp upgraded at SunTrust As previously reported, SunTrust upgraded YELP to Buy from Neutral. The firm upgraded shares due to valuation. strong underlying fundamentals and reduced Street expectations. Price target is $85.
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.