Analysts: Buy Yelp Following Results and 3 More Research Notes to Look Over
Yelp (NYSE:YELP): Wunderlich upgraded Yelp to Buy from Hold following the company’s better than expected second quarter results, and raised its price target for shares to $53 from $30. The firm notes that shares were also upgraded this morning at Northland Securities and JPMorgan.
Amazon.com (NASDAQ:AMZN): Bernstein believes that Amazon Prime is an important long-term strategy that increases wallet shares and average ticket size, and thinks that there are 25 million Prime subscribers globally, which account for a vast majority of shipping revenues. The shares are Outperform rated, with a price target of $375, up from $350.
Blackstone Mortgage (NYSE:BXMT): Wells Fargo upgraded Blackstone Mortgage to Outperform from Market Perform, following the company’s second quarter results, and raised its price target range for shares to $26-$28 from $25-$27.
LifeLock (NYSE:LOCK): RBC Capital increased its price target on LifeLock to $15 from $13, after the company reported stronger than expected results. The firm believes that the company’s execution and results are impressive, and it keeps an Outperform rating on the shares.