Yelp (YELP) Receives a Sell from Morgan Stanley

Morgan Stanley analyst Brian Nowak maintained a Sell rating on Yelp (YELPResearch Report) today and set a price target of $26.00. The company’s shares opened today at $28.90.

Nowak covers the Technology sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and Pinterest. According to TipRanks, Nowak has an average return of 2.4% and a 56.05% success rate on recommended stocks.

Yelp has an analyst consensus of Hold, with a price target consensus of $32.25.

See Insiders’ Hot Stocks on TipRanks >>

YELP market cap is currently $2B and has a P/E ratio of 54.53.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

Read More on YELP:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More