Verizon (VZ) Is Unlikely To Get A Kickback From Yahoo! (YHOO) - Needham

October 19, 2016 7:01 AM EDT
Get Alerts YHOO Hot Sheet
Price: $40.07 +1.11%

Rating Summary:
    20 Buy, 26 Hold, 5 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 31 | New: 42
Trade YHOO Now!
Join SI Premium – FREE

Get daily under-the-radar research with StreetInsider.com's Stealth Growth Insider Get your 2-Wk Free Trial here.

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






Related Categories

Analyst Comments, Earnings

Related Entities

Needham & Company, Earnings

Add Your Comment