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TipRanksStock Market NewsYELP NewsWells Fargo Sticks to Its Hold Rating for Yelp (YELP)
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Wells Fargo Sticks to Its Hold Rating for Yelp (YELP)

Wells Fargo analyst Brian Fitzgerald maintained a Hold rating on Yelp (YELPResearch Report) today and set a price target of $38.00. The company’s shares closed today at $37.88.

According to TipRanks, Fitzgerald is a 5-star analyst with an average return of 18.7% and a 58.33% success rate. Fitzgerald covers the Technology sector, focusing on stocks such as LiveRamp Holdings, Angi, and Electronic Arts.

In addition to Wells Fargo, Yelp also received a Hold from Goldman Sachs’s Eric Sheridan in a report issued yesterday. However, on the same day, Credit Suisse maintained a Buy rating on Yelp (NYSE: YELP).

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The company has a one-year high of $41.28 and a one-year low of $26.28. Currently, Yelp has an average volume of 1.04M.

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Yelp, Inc. hosts an online database of user-generated reviews of local businesses. It provides reviews on local businesses, which include restaurants, boutiques and salons, dentists, mechanics and plumbers. The firm offers multiple free and paid advertising solutions to engage with consumers, including free online business accounts, search advertising and Yelp Deals. The company was founded by Jeremy Stoppelman and Russell Simmons in July 2004 and is headquartered in San Francisco, CA.

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