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Stock analysts at FBN Securities initiated coverage on shares of Yelp (NASDAQ:YELP) in a report issued on Tuesday, reports. The firm set an “outperform” rating on the stock.

Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. raised their price target on shares of Yelp to $89.00 in a research note to investors on Wednesday, January 8th. Separately, analysts at Telsey Advisory Group raised their price target on shares of Yelp from $62.00 to $95.00 in a research note to investors on Monday, January 6th. They now have a “not rated” rating on the stock. Finally, analysts at MKM Partners raised their price target on shares of Yelp from $71.00 to $82.00 in a research note to investors on Thursday, January 2nd. They now have a “buy” rating on the stock. Fourteen analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $70.94.

Shares of Yelp (NASDAQ:YELP) traded up 7.33% during mid-day trading on Tuesday, hitting $81.40. The stock had a trading volume of 3,749,159 shares. Yelp has a 1-year low of $19.45 and a 1-year high of $82.43. The stock’s 50-day moving average is $67.43 and its 200-day moving average is $59.79. The company’s market cap is $5.381 billion.

Yelp (NASDAQ:YELP) last released its earnings data on Tuesday, October 29th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.03. The company had revenue of $61.20 million for the quarter, compared to the consensus estimate of $59.40 million. During the same quarter in the prior year, the company posted ($0.03) earnings per share. The company’s quarterly revenue was up 68.1% on a year-over-year basis. Analysts expect that Yelp will post $-0.15 EPS for the current fiscal year.

In other Yelp news, COO Geoffrey L. Donaker sold 25,000 shares of the stock in a transaction that occurred on Friday, January 10th. The shares were sold at an average price of $78.37, for a total transaction of $1,959,250.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Yelp Inc connects people with great local businesses. Its users have contributed a total of approximately 36.

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