Goldman Sachs Raises PT on Yahoo! (YHOO), Thinks Alibaba Worth $70B

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 8/16/2026

1. AMAT
2. GLOB
3. SPY
4. RDDT
5. HTFL
6. SNDK
7. WDAY
8. ADYEN:NA
9. DVLT
10. ADYYF

May 14, 2013 8:38 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
Join SI Premium – FREE
Goldman Sachs today maintained a Conviction Buy on Yahoo! (NASDAQ: YHOO) and raised its price target to $30.00 (from $27.00). Analyst Heath P. Terry raised his estimated value for Alibaba to $70 billion from $35 billion.

"With the core business generating $1.7 bn in annual EBITDA, a more focused corporate strategy, early signs of new innovation, and the further monetization of the Asian assets acting as potential catalysts, we believe that YHOO represents a compelling risk-reward," said Terry.

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 $26.39 yesterday.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments, Analyst EPS View, Analyst PT Change

Related Entities

Goldman Sachs Conviction Buy List, Goldman Sachs