Yahoo! (YHOO) PT Bumped to $43 at UBS
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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
Yahoo! (YHOO) winning bid said to be decided in as soon as a week - Bloomberg
July 19, 2016 9:26 AM EDTYahoo! (NASDAQ: YHOO) winning bid said to be decided in as soon as a week, according to Bloomberg headlines.
... MoreSusquehanna Maintains Bullish Yahoo! (YHOO) View Following Q2 and Into Core Sale
July 19, 2016 8:48 AM EDTSusquehanna analyst Shyam Patil retained a Positive rating and $44 price target on Yahoo! (NASDAQ: YHOO) following results as the sales process for the core appears in progress.
Patil commented, "We are positive on the SOTP story, as managements commentary seems... More
The Yahoo! (YHOO) Investment Thesis is All About Taxes - Piper Jaffray
July 19, 2016 8:10 AM EDTPiper Jaffray analyst, Gene Munster, reiterated his Overweight rating on shares of Yahoo! (NASDAQ: YHOO) noting that the state of Yahoo! remains largely unchanged from last quarter where the company continues to work through a sale process for its core business. The company... 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
Yahoo! (YHOO): Raising PT to $39 - RBC
July 19, 2016 7:25 AM EDTRBC Capital analyst, Mark Mahaney, maintained his Sector Perform rating on shares of Yahoo! (NASDAQ: YHOO) and noted that the company reported Q2 Net Revenue of $841MM, just above RBC/Street estimates of $836/840MM and towards the high end of guidance ($810-850MM). Still, Net Revenue declined 18% Y/Y, which implies deteriorating asset risk. EBITDA of $172MM came in 15%+ ahead of RBC & Street & above guidance, driven primarily by lower than expected opex.
EBITDA Margin was down... More
Pivotal Research Downgrades Yahoo! (YHOO) to Hold
July 19, 2016 7:07 AM EDTPivotal Research downgraded Yahoo! (NASDAQ: YHOO) from Buy to Hold with a price target of $41 (unchanged). Analyst Brian Wieser noted the stock is only 8% under his price target.
"Yahoo hosted its 2Q16 quarterly results call on Tuesday which featured relatively little... 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
Yahoo! (YHOO) Misses Q2 EPS by 1c
July 18, 2016 4:45 PM EDTYahoo! (NASDAQ: YHOO) reported Q2 EPS of $0.09, $0.01 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $1.31 billion versus the consensus estimate of $1.08 billion.
Business Highlights:
Platforms
Kept Yahoo Mail one of the highest rated mail apps in both the App Store and Google Play, with major updates for iOS and Android versions, including an unsend feature, contact improvements, and a document preview feature.Introduced support for Live Video on Tumblr with YouNow, YouTube,... More
