Wunderlich Securities reiterated a Buy rating on Yelp (NYSE: YELP) with a price target of $105.00. Analyst Blake T. Harper said, “Yelp, Inc. (YELP) reported solid results that were essentially in line with the consensus and raised FY14 guidance revenues and EBITDA by 3% and 4%, respectively, at the midpoint. The company continued to execute well, adding 7k new local business customers, in line with our 74k total estimate, while also growing its user base to 132 million monthly uniques and mobile ads growing to 49% of the total”. Yelp Inc. (NYSE:YELP) shares after opening at $57.33 moved to $58.88 on last trade day and at the end of the day closed at $58.32. Company price to sales ratio in past twelve months was calculated as 17.91 and price to cash ratio as 10.70. Yelp Inc. (NYSE:YELP) showed a negative weekly performance of -9.58%.
Sprint Corporation (NYSE:S) is in talks with banks to make debt arrangements as it gears up to bid for T-Mobile US Inc. (NYSE:TMUS). Sources familiar with the talks told Bloomberg that Sprint CFO Joe Euteneuer and Treasurer Greg Block last month met with banks to secure the capital. T-Mobile US Inc. (NYSE:TMUS) shares advanced 0.86% in last trading session and ended the day on $29.29. TMUS return on equity ratio is recorded as 0.30% and its return on assets is 0.10%. T-Mobile US Inc. (NYSE:TMUS) yearly performance is 49.29%.
Twitter Inc. (NYSE:TWTR) slowing user growth has revived concerns about the microblogging service’s prospects of one day matching Facebook Inc’s 1.2 billion users, prompting at least 16 analysts to cut their target price on the stock. Twitter Inc. (NYSE:TWTR) shares moved down -8.56% in last trading session and was closed at $38.97, while trading in range of $37.24 – $38.98. Twitter Inc. (NYSE:TWTR) year to date (YTD) performance is -38.77%.
Coach Inc. (NYSE:COH) with its decline in revenue, underperformed when compared the industry average of 15.2%. Since the same quarter one year prior, revenues slightly dropped by 5.6%. Weakness in the company’s revenue seems to have hurt the bottom line, decreasing earnings per share. Coach Inc. (NYSE:COH) weekly performance is -10.81%. On last trading day company shares ended up $44.65. Coach Inc. (NYSE:COH) distance from 50-day simple moving average (SMA50) is -8.86%. Analysts mean target price for the company is $53.41.