Yelp share momentum could continue, says Citigroup Citigroup says the 8% rally yesterday in shares of Yelp (YELP) was attributed to takeout speculation by Google (GOOG). Citi believes the stock's recent momentum can continue as it continues to the view valuation as attractive. The firm has a Buy rating on Yelp with a $74 price target.
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.