Yahoo! (YHOO) PT Cut to $36 at Susquehanna

Susquehanna analyst Brian Nowak reiterated a Neutral rating and cut his price target on Yahoo! (NASDAQ: YHOO) to $36.00 (from $40.00) following weak Q2 results and Q3 guidance.

Nowak said there is little to like about core trends (now only ~20% of the stock value) and they expect stock to trade as a BABA sum of the parts.

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 $35.61 yesterday.

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