Momentum Stocks: Yelp (NYSE:YELP), Baidu Inc (ADR) (NASDAQ:BIDU), MeetMe Inc (NYSEMKT:MEET), Yahoo! Inc. (NASDAQ:YHOO)

Posted by on Mar 05, 2014

Equities researchers at Bank of America started coverage on shares of Yelp (NASDAQ:YELP) in a research report issued on Thursday, AnalystRatingsNetwork.com reports. The firm set a “neutral” rating and a $100.00 price target on the stock. Yelp Inc (NYSE:YELP) stock opened at $96.80 in last session, and closed at $98.04, while the day range of stock is $95.76- $99.65. The stock showed a positive weekly performance of 3.53%.

TheStreet reiterated their buy rating on shares of Baidu (NASDAQ:BIDU) in a research report released on Monday morning, StockRatingsNetwork.com reports. Baidu Inc (ADR) (NASDAQ:BIDU) stock opened at $173.35, in last session and closed at $172.42, by gaining 1.57%. The 52 week range of the stock is $82.98 – $185.50. Company’s market capitalization is $60.34 billion.

MeetMe, Inc. (NYSEMKT:MEET) presented at the JMP Securities Technology Conference at the Ritz-Carlton in San Francisco, CA. MeetMe Inc (NYSEMKT:MEET) stock decreased -1.06% and finished the last session at $2.81. The EPS of the stock remained -0.34. Company’s market capitalization is $108.12 million.

Yahoo Inc (NASDAQ:YHOO) will stop letting consumers access its various online services, including Fantasy Sports and photo-sharing site Flickr, by signing-in with their Facebook Inc or Google Inc credentials. Yahoo! Inc. (NASDAQ:YHOO) stock opened the session at $38.76, and closed the session at $39.63. The 52 week range of the stock remained $21.87 – $41.72 and the day range was $38.68- $39.79.

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