Soleil Securities Upgrades Yahoo! (YHOO) to Buy
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Soleil Securities upgrades Yahoo! (Nasdaq: YHOO) from Hold to Buy. Price target raised from $12 to $20.
Soleil analyst says, "Upgrade to Buy from Hold as we believe all the bad economic news is already priced into the stock and the ad-driven stocks should follow retail stocks in outperforming the broader market. No change '09E$0.59 but raising '10E to $0.70 from $0.60."
To see more analyst ratings on YHOO Click Here.
Yahoo! Inc. (Yahoo!), together with its consolidated subsidiaries, is a global Internet brand.
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