Wells Fargo (NYSE:WFC) analyst Brian Fitzgerald maintained a Hold rating on Yelp (NYSE:YELP) Inc on Wednesday, setting a price target of $35, which is approximately 5.33% below the present share price of $36.97.
Fitzgerald expects Yelp Inc to post earnings per share (EPS) of $0.28 for the first quarter of 2021.
The current consensus among 12 TipRanks analysts is for a Hold rating of shares in Yelp, with an average price target of $35.25.
The analysts price targets range from a high of $41 to a low of $26.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $233.2 million and a net profit of $14.49 million. The company's market cap is $2.74 billion.
According to TipRanks.com, Wells Fargo analyst Brian Fitzgerald is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 46.7% and a 83.08% success rate.
Yelp, Inc. hosts an online database of user-generated reviews of local businesses. It provides reviews on local businesses, which include restaurants, boutiques and salons, dentists, mechanics and plumbers. The firm offers multiple free and paid advertising solutions to engage with consumers, including free online business accounts, search advertising and Yelp Deals. The company was founded by Jeremy Stoppelman and Russell Simmons in July 2004 and is headquartered in San Francisco, CA.