Analysts at Raymond James downgraded Yelp YELP from Outperform to Market Perform and removed the price target of $80.00.
Yelp shares have surged 46.80% over the past 52 weeks, while the S&P 500 index has gained 16.87% in the same period.
Yelp's shares dropped 4.11% to $72.49 in pre-market trading.
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