Yahoo! (YHOO) PT Cut to $36 at Susquehanna
Get Alerts YHOO Hot Sheet
Price: $52.58 --0%
Rating Summary:
18 Buy, 21 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 8 | New: 10
Rating Summary:
18 Buy, 21 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 8 | New: 10
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Susquehanna analyst Brian Nowak reiterated a Neutral rating and cut his price target on Yahoo! (NASDAQ: YHOO) to $36.00 (from $40.00) following weak Q2 results and Q3 guidance.
Nowak said there is little to like about core trends (now only ~20% of the stock value) and they expect stock to trade as a BABA sum of the parts.
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 $35.61 yesterday.
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