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Craig-Hallum Sticks to Their Buy Rating for Yelp (YELP)
Craig-Hallum analyst Jason Kreyer maintained a Buy rating on Yelp today and set a price target of $32.00.
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Kreyer covers the Communication Services sector, focusing on stocks such as Magnite, Perion Network, and Stagwell. According to TipRanks, Kreyer has an average return of 5.5% and a 41.53% success rate on recommended stocks.
Yelp has an analyst consensus of Hold, with a price target consensus of $27.00.
Based on Yelp’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $359.99 million and a net profit of $37.8 million. In comparison, last year the company earned a revenue of $361.95 million and had a net profit of $42.22 million
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