Analysts Offer Insights on Technology Companies: Endurance International (NASDAQ: EIGI) and Yelp (NYSE: YELP)

By Jason Carr

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Endurance International (NASDAQ: EIGI) and Yelp (NYSE: YELP).

Endurance International (NASDAQ: EIGI)

In a report released today, Naved Khan from Cantor Fitzgerald reiterated a Hold rating on Endurance International (NASDAQ: EIGI), with a price target of $9. The company’s shares opened today at $7.65, close to its 52-week low of $6.55.

Khan observed:

“Expecting in-line 3Q. We expect $286M in revenue (GAAP) and $76M in EBITDA vs. FactSet consensus of $284M/$80M.”

According to TipRanks.com, Khan is a top 100 analyst with an average return of 20.5% and a 83.8% success rate. Khan covers the Technology sector, focusing on stocks such as TripAdvisor Inc., Travelzoo Inc, and Web.com Group.

Endurance International has an analyst consensus of Moderate Buy, with a price target consensus of $9.17.

Yelp (NYSE: YELP)

Cantor Fitzgerald analyst Youssef Squali reiterated a Buy rating on Yelp (NYSE: YELP) today and set a price target of $42. The company’s shares opened today at $32.44.

Squali observed:

“3Q estimates vs. consensus.”

According to TipRanks.com, Squali is a top 25 analyst with an average return of 13.0% and a 71.7% success rate. Squali covers the Technology sector, focusing on stocks such as TripAdvisor Inc., Rubicon Project, and Microsoft Corp.

Yelp has an analyst consensus of Moderate Buy, with a price target consensus of $39.72.