KeyBanc Starts Yelp (YELP) at Sector Weight

(updating comment)

KeyBanc analyst Justin Patterson initiates coverage on Yelp (NYSE: YELP) with a Sector Weight rating.

The analyst comments "We are initiating on Yelp with a Sector Weight as progress on monetization and expense efficiencies are offset by multiple unknowns around COVID-19’s impact in core Yelp markets (e.g., SF Bay Area, NYC, etc.)."

For an analyst ratings summary and ratings history on Yelp click here. For more ratings news on Yelp click here.

Shares of Yelp closed at $21.46 yesterday.

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