JP Morgan Maintains Neutral on Yelp, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Cory Carpenter maintains a Neutral rating on Yelp (NYSE:YELP) but lowers the price target from $38 to $35.
August 12, 2024 | 2:45 pm
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JP Morgan analyst Cory Carpenter maintains a Neutral rating on Yelp but lowers the price target from $38 to $35.
The lowered price target from $38 to $35 suggests a less optimistic outlook for Yelp's stock performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100