Sterne Agee Initiates Yelp With Buy

Analysts at Sterne Agee initiated coverage on shares of Yelp

with a Buy rating. The target price for Yelp is set to $85. Yelp shares have surged 3.40% over the past 52 weeks, while the S&P 500 index has gained 13.21% in the same period. Yelp's shares rose 0.09% to $69.68 in after-hours trading.