Analysts: Businesses Indicate Yelp Is Helpful and 3 Other Research Notes to Check Out
Yelp (NYSE:YELP): Wunderlich raised its price target for Yelp shares to $82 from $53, saying that the company’s new products make it better positioned to capture marketing funds from local businesses. Wunderlich added that its survey of 50 businesses indicated that Yelp ads are helping their businesses. The firm keeps a Buy rating on the stock.
Google (NASDAQ:GOOG): RBC Capital increased its price target on Google to $1,020 from $950, as the firm thinks that the company’s new Enhanced Campaigns and Product Listing Ads will help to boost the company’s core search growth. The firm keeps an Outperform rating on the stock.
Pandora Media (NYSE:P): Goldman raised Pandora’s price target to $35 from $30 to reflect model leverage, sector multiple expansion, relative growth, and upside to estimates. The shares are Buy rated.
Delta Air Lines (NYSE:DAL): Morgan Stanley raised Delta estimates to the high end of Street levels due to attractive exposure to a cyclical upturn. The shares are Overweight rated with a revised $35 price target.
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