Yelp (YELP +2.9%) has opened higher after receiving an upgrade to Buy from Cantor. The firm...

|About: Yelp (YELP)|By:, SA News Editor

Yelp (YELP +2.9%) has opened higher after receiving an upgrade to Buy from Cantor. The firm argues Yelp's recent selloff, fueled by concerns about weak Q4 display ad sales guidance, is a buying opportunity, since Yelp's core local ad business remains healthy.