Craig-Hallum Initiates Coverage On Yelp with Buy Rating, Announces Price Target of $54
Portfolio Pulse from richadhand@benzinga.com
Craig-Hallum analyst Jason Kreyer has initiated coverage on Yelp (NYSE:YELP) with a Buy rating and announced a price target of $54.
July 28, 2023 | 12:40 pm
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POSITIVE IMPACT
Yelp has been initiated with a Buy rating by Craig-Hallum, with a price target of $54.
The initiation of coverage with a Buy rating by a reputable analyst firm like Craig-Hallum is a positive signal for Yelp. The price target of $54 suggests a significant upside potential from the current levels. This could lead to increased investor interest and potentially a short-term increase in Yelp's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100