Scalper1 News
Crowdsourced online review site Yelp (YELP) received an upgrade on Tuesday from investment bank Raymond James, which cited lower-than-expected turnover of the company’s advertisers and robust mobile traffic growth. Raymond James upgraded Yelp to outperform from market perform while maintaining a price target of 72. The investment bank’s Q4 survey of 75 Yelp advertisers revealed that 60% planned to maintain their current spending rates, while 27% Scalper1 News
Scalper1 News