Citi Defends Yahoo! (YHOO); Says Trading at Negative $1B
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Price: $52.58 --0%
Rating Summary:
18 Buy, 21 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 17
Rating Summary:
18 Buy, 21 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 17
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Citi analysts are out defending Yahoo! (NASDAQ: YHOO) intra-day, saying the stock is now valued at a negative $1 billion.
The firm reiterated their Buy rating.
Shares of Yahoo! are down 7.3% following disappointing results from Alibaba.
For an analyst ratings summary and ratings history on Yahoo! click here. For more ratings news on Yahoo! click here.
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