UBS Cuts Price Target on Yahoo! (YHOO) Based on a Revised Alibaba (BABA) Outlook

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Despite Exec Departures, Yahoo! (YHOO) Already Pricing in 'Worst-Case Scenario', SunTrust's Peck Says

September 14, 2015 7:53 AM EDT

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... More

Yahoo!'s (YHOO) Price Target Reduced to $48 at BofA/Merrill Lynch

September 9, 2015 2:44 PM EDT

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.

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Nomura Securities Cuts Price Target on Yahoo! (YHOO) Following IRS Decision on Private Letter Ruling

September 9, 2015 9:46 AM EDT

Nomura Securities maintained a Buy rating on Yahoo! (NASDAQ: YHOO), and cut the price target to $40.00 (from $48.00). following the IRS' decision not to grant a private letter ruling, which would have provided a clear path for the completion of Yahoos proposed tax-free spinoff... More

Yahoo! (YHOO) Sees Red-to-Green Reversal Despite IRS Ruling

September 9, 2015 9:42 AM EDT

Yahoo! (NASDAQ: YHOO) is trading positive after the sharp sell-off after-hours on the IRS Alibaba spin-off ruling. Shares are now up 0.6% to $31.07.

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UBS Reiterates Buy on Yahoo! (YHOO) Following IRS Decision

September 9, 2015 9:32 AM EDT

UBS reiterated a Buy rating and $51.00 price target on Yahoo! (NASDAQ: YHOO) following the IRS's decision to decline a private letter ruling regarding a tax-free spin-off of Alibaba (NYSE: BABA). At the same time, the IRS did not conclude that the spin-off was taxable. This should... More

Pre-Open Stock Movers 09/09: (AKBA) (VTAE) (CONN) Higher; (ZQK) (TTPH) (FLXN) Lower (more...)

September 9, 2015 9:30 AM EDT

Quicksilver (NYSE: ZQK) 80% LOWER; Files bankruptcy

Tetraphase Pharma (NASDAQ: TTPH) 79.5% LOWER; announced that the IGNITE2 phase 3 clinical trial of eravacycline administered as an IV to oral transition therapy for the treatment of complicated urinary tract infections (cUTI) did not achieve its primary endpoint of... More

Yahoo! (YHOO) Focused on Moving Ahead with Alibaba (BABA) Spin - CNBC; Also Looking at Core, Yahoo! Japan Spin

September 9, 2015 9:24 AM EDT

Yahoo! (NASDAQ: YHOO) is still focused on moving ahead with Alibaba (NYSE: BABA) spin despite the IRS ruling, CNBC's David Faber reports.

The company is also considering spin of core business and Yahoo! Japan.

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Mizuho Securities Cuts Price Target on Yahoo! (YHOO) Following IRS decision

September 9, 2015 9:15 AM EDT

Mizuho Securities reiterates a Buy rating on Yahoo! (NASDAQ: YHOO), and cut the price target to $43.00 (from $48.00), following announced IRS decision. IRS opted to not issue a tax-free ruling for the company's proposed Aabaco spin-off.

Analyst Neil Doshi commented, "After the... More

Evercore ISI Reiterates Hold on Yahoo! (YHOO) Following IRS Decision

September 9, 2015 9:08 AM EDT

Evercore ISI reiterated a Hold rating and $38.00 price target on Yahoo! (NASDAQ: YHOO) following IRS's decision to tax the company's BABA spin-off.

Analyst Ken Sena commented, "YHOO released an 8-K after the close today indicating that the IRS would not grant a... More

Yahoo! (YHOO) PT Slashed to $32 by Piper Jaffray's Munster on IRS Ruling; But Says Risk/Reward Now Positive

September 9, 2015 7:58 AM EDT

Piper Jaffray analyst Gene Munster slashed his price target on Yahoo! (NASDAQ: YHOO) to $32.00 (from $54.00) after the company disclosed that the IRS decided to not grant approval for Yahoo!'s proposed tax-free spin of its Alibaba shares. The company noted that the IRS... More

Cantor Fitzgerald Cuts Price Target on Yahoo! (YHOO) Following IRS Decision Over Tax-Free Spin-Off

September 9, 2015 7:24 AM EDT

Cantor Fitzgerald reiterated a Buy rating on Yahoo! (NASDAQ: YHOO), and cut the price target to $45.00 (from $56.00) following IRS' decision that it would not grant the requested private letter ruling related to the proposed tax-free spin-off of Yahoo's remaining stake in BABA. Yahoo's Board will continue to consider all options, including proceeding with the spin-off transaction on the basis of an opinion from counsel.

Analyst Youssef... More

Needham & Company Remains Bullish on Yahoo! (YHOO) After IRS Refused Tax Ruling on Spin-off

September 9, 2015 7:16 AM EDT

Needham & Company reiterated a Buy rating and $55.00 price target on Yahoo! (NASDAQ: YHOO) after the IRS refused to rule ahead of time that YHOOs proposed spin-off of Aabaco would be tax free.

Analyst Laura Martin commented, "The IRS refused to rule... More

Yahoo! (YHOO) PT Cut to $43 at Susquehanna

September 9, 2015 6:49 AM EDT

Susquehanna analyst Shyam Patil lowered the price target on Yahoo! (NASDAQ: YHOO) to $43.00 (from $49.00) after the IRS declined the private letter ruling related to the proposed Aabaco spin. The firm maintained a Positive rating on the stock.

"While this news is... More