SunTrust Robinson Humphrey analyst Robert Peck weighed in on Yahoo! (NASDAQ: YHOO) after CMO Kathy Savitt left the company. Peck said while this suggests pressure on Ms. Mayer is increasing, the stock is already pricing in the worst-case scenario.

Peck commented, "Accelerating high profile executive departures suggest pressure on Ms. Mayer may be increasing. However, at current share prices, the market likely is pricing in the worst-case scenario. We think risk-reward is favorable, with upside potential from turning around the core, exploring tax-efficient monetization for the investments, and optionality around a leveraged equity shrink."

The firm maintained their Buy rating and price target of $40 on YHOO,

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Shares of Yahoo! closed at $31.43 yesterday.