Wunderlich Securities Sees International Expansion Accelerate For Yelp Inc

In a report published Wednesday, Wunderlich Securities analyst Blake T. Harper reiterated a Buy rating and $105.00 price target on

. In the report, Wunderlich Securities noted, “Since reporting earnings last week, Yelp has announced two small European acquisitions: Restaurant-Kritik in Germany and Cityvox in France, both for undisclosed amounts. This follows the acquisition of Qype for $50 million in late 2012, which was the local business reviews leader in Europe. Yelp has since migrated Qype's content and over 2,200 local business customers to its own platform.” Yelp Inc closed on Tuesday at $59.11.