Pivotal Research Boosts Yahoo! (YHOO) PT to $21
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Price: $52.58 --0%
Rating Summary:
18 Buy, 21 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
18 Buy, 21 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Pivotal Research raised its price target on Buy-rated Yahoo! (NASDAQ: YHOO) from $19 to $21 despite a survey highlighting a positive view from agencies on Google, mixed view on Facebook and neutral-to-negative toward Yahoo!.
"Yahoo's value is largely driven by estimates of value for the company's Asian assets, which are in part determined by estimates of values for comparable assets and current trading values for the company’s stake in Yahoo Japan!," the analyst said.
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 $15.74 yesterday.
"Yahoo's value is largely driven by estimates of value for the company's Asian assets, which are in part determined by estimates of values for comparable assets and current trading values for the company’s stake in Yahoo Japan!," the analyst said.
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 $15.74 yesterday.
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