Big funds push back against activist investor settlements
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Needham & Company Reiterates Buy on Yahoo! (YHOO) Following 2Q Earnings
July 19, 2016 9:46 AM EDTNeedham & Company reiterated a Buy rating and $40.00 price target on Yahoo! (NASDAQ: YHOO) following the company's 2Q earnings report. net revenue fell by 19%, while EPS fell 43%. Guidance for 3Q16 is for revenue of $840-$880mm and Adjusted EBITDA of $190-$220mm.
Analyst... More
Macquarie Reiterates Outperform on Yahoo! (YHOO) Following 2Q Results
July 19, 2016 8:27 AM EDTMacquarie reiterated an Outperform rating and $36.00 price target on Yahoo! (NASDAQ: YHOO) following the company's 2Q earnings report. Results were in-line with expectations. However, costs came in better that expected as the company now has 8,800 employees, down from almost 11,000 a year ago.
Analyst Ben Schachter... More
BMO Capital Raises Price Target on Yahoo! (YHOO) to $39 Following In-Line 2Q
July 19, 2016 8:03 AM EDTBMO Capital reiterated a Market Perform rating on Yahoo! (NASDAQ: YHOO), and raised the price target to $39.00 (from $38.00), following the company's 2Q earnings report. YHOO reported $841mm, in-line with the Street's estimates. Non-GAAP EPS of $0.09 was $0.01 below the Streets estimate.
Analyst Daniel... More
Mizuho Securities Remains Sidelined on Yahoo! (YHOO) Following 2Q Report
July 19, 2016 7:00 AM EDTMizuho Securities reiterated a Neutral rating and $38.00 price target on Yahoo! (NASDAQ: YHOO) following the company's 2Q earnings report. Yahoo reported 2Q net revenue of $841m, in line with the Street's expectations. Non-GAAP EPS of $0.09 was a penny below the Street's $0.10.
Analyst Neil... More
