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Needham & Company maintains a 'Buy' on Yahoo! (YHOO); Talent Trends

July 15, 2011 8:29 AM EDT
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: 13 | Down: 14 | New: 11
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Needham & Company maintains a 'Buy' on Yahoo! (NASDAQ: YHOO), PT $19.

Needham analyst says, "A key value driver for the media and technology companies we cover is the quality of their employees...The best employees in tech often try to maximize the value of their labor over their career by
changing companies. Because employees have better information than Wall Street, often their movements are a lead indicator for share price movements...We would suggest that YHOO’s hiring and retention data is a good indicator of where the company’s share price is heading. With Yahoo’s recent job postings near four year lows, we believe investors should track this metric for changes."

For more ratings news on Yahoo! click here and for the rating history of Yahoo! click here.

Shares of Yahoo! closed at $14.63 yesterday.


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