Verizon (VZ) Is Unlikely To Get A Kickback From Yahoo! (YHOO) - Needham
Get Alerts YHOO Hot Sheet
Rating Summary:
18 Buy, 21 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 12 | New: 1
Join SI Premium – FREE
Needham & Company analyst, Laura Martin, reiterated her Hold on shares of Yahoo! (NASDAQ: YHOO) noting that although YHOO did not hold a call, questions about results were answered.
The analyst pointed out that earnings slide #6 was the most interesting showing 4 graphs indicating no user falloff in the 3 weeks after the 9/22/16 Security Breach announcement (that 500mm YHOO users information was hacked back in 2014), compared with the 3 weeks before. The analyst believes YHOO’s user metrics and fundamentals have not suffered and therefore VZ can’t get a discount or walk away.
For an analyst ratings summary and ratings history on Yahoo! click here. For more ratings news on Yahoo! click here.
Shares of Yahoo! closed at $41.68 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Alphabet stock surges 11% to record high on Q1 earnings beat, first-ever dividend
- Stifel Upgrades LeMaitre Vascular (LMAT) to Buy
- JPMorgan Upgrades Dow Inc. (DOW) to Overweight
Create E-mail Alert Related Categories
Analyst Comments, EarningsRelated Entities
Needham & Company, EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!