Market Overview

Cramer Endorses Yelp Following Price Target Bump from JMP

Share:
Related YELP
10 Stocks That Rallied Three Days On Increasing Volume
'Trump And Dump' Scenarios As The Post-Election Rally Fades

Coming out of the Twittersphere Monday morning: Jim Cramer responds to a trader who wanted his opinion on a JMP upgrade of Yelp (NYSE: YELP) from Market Perform to Market Outperform with $113 price target.

Shares of Yelp are currently trading at a forward price-to-earnings ratio of 223.

Shares of Yelp are responding to the upgrade, up 3.2 percent to $86.11. The stock has been hot year to date, up 25 percent.

Latest Ratings for YELP

DateFirmActionFromTo
Sep 2016MacquarieMaintainsOutperform
Aug 2016Deutsche BankMaintainsBuy
Aug 2016CitigroupMaintainsNeutral

View More Analyst Ratings for YELP
View the Latest Analyst Ratings

Posted-In: Jim Cramer JMP SecuritiesAnalyst Color Jim Cramer Analyst Ratings Tech

 

Related Articles (YELP)

View Comments and Join the Discussion!