Yelp Gets Nailed With A Bad Review: Piper Jaffray Downgrades

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As consumers seek more bite-sized, on-the-go service reviews, they’re losing appetite for Yelp Inc (NYSE: YELP) and convincing one analyst to try elsewhere.

The Rating

Piper Jaffray’s Sam Kemp downgraded Yelp to an Underweight rating and lowered the price target from $38 to $37.

Latest Ratings for YELP

Date Firm Action From To
Dec 2017 PiperJaffray Downgrades Neutral Underweight
Dec 2017 Evercore ISI Group Initiates Coverage On In-Line
Nov 2017 Baird Maintains Neutral

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