Shares of Yelp Inc (NYSE:YELP) are 2.6% lower before the bell after Bank of America initiated bearish coverage with an "underperform" rating and a $30 price target. The analysts cited declining usage and its ongoing impact on the company's growth outlook.Coming into today, eight of 10 covering brokerages rated YELP a "hold" or worse. However, the 12-month consensus target price of $41 is a 19.1% premium to Friday's close, which means more price-target cuts could be incoming.An unwinding of optimism in the o ...

The Zacks Internet - Content industry is benefiting from solid demand for digital offerings, as well as the increasing importance of video content and cloud-based applications. The proliferation of AI and rapid deployment of generative AI are aiding industry players. Participants like Yelp (YELP) , Angi (ANGI) and Opera Limited (OPRA) are expanding their presence across social media, display and connected TV, and search, driving top-line growth. However, the industry has been suffering from challenging macr ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics and fundamental ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the tr ...

Yelp (YELP) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power of a changi ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: CC0 Public Domain For years, Yelp has complained about Google's practices, alleging that the tech giant placed its own products above competitors in Google search results. Yelp says when a customer searches, say, for "restaurants in Brooklyn," Google prioritizes putting its own summary and ratings above non-sponsored r ...

Yelp has filed an antitrust suit against Google, alleging the tech giant's search engine dominance allows it to engage in unfair business practices against local search competitors.Yelp, which features reviews and information such as menus and operating hours for businesses like restaurants and cleaning services, filed suit against Google in a San Francisco federal court."Abandoning its stated mission to deliver the best information to users, Google has illegally abused its monopoly in general search to dom ...

KEY TAKEAWAYSBusiness review site Yelp sued Alphabet's Google in a San Francisco federal court, claiming the search giant uses its dominance to steer users to its own content.Yelp is seeking an order for Google to stop practices it says are anticompetitive, as well as unspecified monetary damages.The move comes just weeks after a federal judge ruled that Google violated antitrust laws by maintaining an illegal monopoly in search, a ruling the tech giant is appealing.Google said Yelp's claims aren't new and ...

Yelp, the local recommendations company, has filed an antitrust suit against Google, claiming that the company's dominance in search allows it to engage in unfair business practices against local-search competitors.Yelp features reviews and information such as menus and operating hours for businesses such as restaurants and cleaning services. It filed suit against Google in a San Francisco federal court.In a post on its website, Yelp CEO Jeremy Stoppelman said, "Abandoning its stated mission to deliver the ...

Yelp slapped Google with an antitrust lawsuit that accuses the search giant of leveraging an illegal monopoly to promote its own reviews at the expense of rivals – just weeks after a federal judge ruled that the Big Tech company was a “monopolist.”The lawsuit claims Google relies on its dominant hold on general search to “divert traffic away from those rivals and toward Google’s own inferior local search product,” according to the complaint filed in federal court in San Francisco on Wednesday.Yelp, a longti ...