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Yelp (YELP) stock tumbled to a nearly two-year low Thursday after the crowdsourced online ratings review website missed Q1 estimates and posted Q2 guidance below analyst views. Calling Yelp’s Q1 report and Q2 outlook “very negative,” RBC Capital Markets downgraded the company to sector perform from outperform and slashed its price target on Yelp stock to 50 from 82. “Overall, we view these revenue results as disappointing, especially with the Scalper1 News
Scalper1 News