Yahoo! (YHOO): Questions Linger, Verizon (VZ) Call May Provide Answers - Suntrust

October 19, 2016 9:39 AM EDT
Get Alerts YHOO Hot Sheet
Price: $42.11 +0.14%

Rating Summary:
    20 Buy, 26 Hold, 5 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 22 | Down: 16 | New: 12
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SunTrust Robinson Humphrey analyst, Bob Peck, reiterated his Hold rating on shares of Yahoo! (NASDAQ: YHOO) after 3Q results were mixed. The results were overshadowed by the uncertainty stemming from statement by the Verizon (NYSE: VZ) General Counsel on whether the hack could impact the deal. Yahoo did not host a conference call and the analyst stated that he would be looking to Verizon's 3Q call tomorrow for clarity and "we are not legal experts, but we think this increases the uncertainty around monetizing the assets".

No change to the price target of $42.

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.

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