Morgan Stanley Maintains Underweight on Yelp, Raises Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Brian Nowak maintains an Underweight rating on Yelp (NYSE:YELP) but raises the price target from $32 to $34.
July 23, 2024 | 4:39 pm
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Morgan Stanley's analyst Brian Nowak maintains an Underweight rating on Yelp but raises the price target from $32 to $34.
The Underweight rating suggests a bearish outlook, but the raised price target indicates some positive expectations. The net impact is likely neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100