Yahoo! (YHOO): Questions Linger, Verizon (VZ) Call May Provide Answers - Suntrust
Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here.
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.
Shares of Yahoo! closed at $41.68 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Yahoo (YHOO) January weekly volatility flat into the expected release of Q4
- Teradyne (TER) PT Raised to $28 at Deutsche Bank; Reiterates Buy
- General Electric (GE) PT Lowered to $35 at UBS Following 4Q Report
Create E-mail Alert Related CategoriesAnalyst Comments
Related EntitiesSunTrust Robinson Humphrey
Sign 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!