BofA/Merrill Lynch maintained a Buy rating on Yahoo! (NASDAQ: YHOO) but lowered its price target to $48.00 (from $55.00).

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 $30.90 yesterday.

Analyst PT Change

UBS Cuts Price Target on Yahoo! (YHOO) Based on a Revised Alibaba (BABA) Outlook September 11, 2015 9:54 AM UBS Reiterates Buy on Yahoo! (YHOO) Following IRS Decision September 9, 2015 9:32 AM Mizuho Securities Cuts Price Target on Yahoo! (YHOO) Following IRS decision September 9, 2015 9:15 AM Evercore ISI Reiterates Hold on Yahoo! (YHOO) Following IRS Decision September 9, 2015 9:08 AM Yahoo! (YHOO) PT Slashed to $32 by Piper Jaffray's Munster on IRS Ruling; But Says Risk/Reward Now PositiveSeptember 9, 2015 7:58 AM Cantor Fitzgerald Cuts Price Target on Yahoo! (YHOO) Following IRS Decision Over Tax-Free Spin-Off September 9, 2015 7:24 AM Needham & Company Remains Bullish on Yahoo! (YHOO) After IRS Refused Tax Ruling on Spin-off September 9, 2015 7:16 AM Yahoo! (YHOO) PT Cut to $43 at SusquehannaSeptember 9, 2015 6:49 AM Yahoo may have to pay taxes on Alibaba spinoffSeptember 8, 2015 5:18 PM Yahoo! (YHOO) Denied IRS Request in Alibaba (BABA) Stake Spin-OffSeptember 8, 2015 4:41 PM