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 Evercore ISI Upgrades Yelp to Outperform, Shares Gain 8%
 Financial Modeling Prep· 2025-10-14 04:27
Evercore ISI upgraded Yelp Inc. (NYSE: YELP) from In Line to Outperform and raised its price target to $45.00 from $37.00, driving shares up more than 8% intra-day on Monday. The firm said it viewed Yelp as an emerging AI beneficiary, highlighting new initiatives such as the company’s AI Receptionist/Host service, which it estimated could represent a total addressable market of roughly $13.8 billion based on 7.7 million claimed business locations priced at $149 per month. Evercore pointed to several catalys ...