Yahoo! (YHOO) Takes $4.46B Non-Cash Goodwill Impairment Charge on Tumblr, Etc.

Piper Jaffray Remains Bullish on Yahoo! (YHOO) Despite Continued Headwinds

Piper Jaffray maintained an Overweight rating on Yahoo! (NASDAQ: YHOO), and cut the price target to $31.00 (from $39.00), following the company's 4Q earnings report. Yahoo! reported Q4 ex-TAC revenue of $1.00B, 5% ahead of the Street at $948M. However, the company guided Q1 net revenue down 8% to $820-860M and CY16 net revenue down 9% to $3.4-3.6B.... More

Mizuho Securities Cuts Price Target on Yahoo! (YHOO) to $29 Following Weak 2016 Guidance

Mizuho Securities maintained a Neutral rating on Yahoo! (NASDAQ: YHOO), and cut the price target to $29.00 (from $32.00), following the company's 4Q earnings report. YHOO reported 4Q gross rev of $1.27b, 7% higher than the MSUSA and consensus estimate of $1.19b. The company laid out... More

Yahoo! (YHOO) Guidance Falls Short - FBR

FBR analyst, William Bird, thinks that Yahoo! (NASDAQ: YHOO) light outlook will overshadow the strong quarter and investors may be concerned that prolonging a split or sale, could further erode Yahoo's market cap. No change to Outperform rating but the price target moves to $37 from $44.

YHOO appears to be signaling an openness to talk with potential acquirers. Yahoo indicated that the board also believes that exploring additional strategic alternatives, in parallel... More

Susquehanna Cuts Price Target on Yahoo! (YHOO) to $40 as Core Struggles Continue

Susquehanna maintained a Positive rating on Yahoo! (NASDAQ: YHOO), and cut the price target to $40.00 (from $41.00), following the company's 4Q earnings report. Search and Other revenue drove revenue ex TAC to beat consensus by 6%. Lower opex also helped EBITDA, which came in 15% ahead of... More