Analysts: Yelp Offers a ‘Compelling Product’ and 3 Other Research Notes to Check Out

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Yelp (NYSE:YELP): Cowen raised Yelp’s price target to $80 from $60 following management meetings that increased confidence in higher advertising growth trajectory. The firm continues to believe that Yelp is in the early stages of monetization, and that the company offers a compelling product. The shares are Outperform rated.

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