Needham & Company Maintains a 'Buy' on Yahoo! (YHOO); Q1 Preview: Revs Down 2%

April 10, 2012 7:32 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: 11 | Down: 18 | New: 20
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Needham & Company maintains a 'Buy' on Yahoo! (NASDAQ: YHOO) price target of $19.00.

Analyst, Laura Martin, said, "We are maintaining our 1Q12 estimates of revenue of $1.047B, down 2% y/y, and Reported EPS of $0.15, down 13% y/y...We are maintaining our FY12 estimates of revenue of $4.521B, up 3% y/y, OIBDA of $1.56B, down 5% y/y and Reported EPS of $0.82, flat y/y."

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 $15.10 yesterday.


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