Oppenheimer Remains Bullish on Yahoo! (YHOO) - PT Cut to $54

RBC Capital Raises Price Target on Yahoo! (YHOO) to $45 Following 3Q

October 19, 2016 9:42 AM EDT

RBC Capital reiterated a Sector Perform rating on Yahoo! (NASDAQ: YHOO), and raised the price target to $45.00 (from $39.00), following the company's 3Q earnings report. YHOO reported revenue of $858MM, relatively in-line with the Street's estimate. 2017 Net Revenue estimate remains unchanged at $3.7B.... More

Yahoo! (YHOO): Questions Linger, Verizon (VZ) Call May Provide Answers - Suntrust

October 19, 2016 9:39 AM EDT

SunTrust Robinson Humphrey analyst, Bob Peck, reiterated his Hold rating on shares of Yahoo! (NASDAQ: YHOO) after 3Q results were mixed. The results were overshadowed by the uncertainty stemming from statement by the Verizon (NYSE: VZ)... More

Pre-Open Stock Movers 10/19: (CERU) (BANC) (DATA) Higher; (IMPV) (CREE) (MANH) Lower (more...)

October 19, 2016 9:17 AM EDT

Pre-Open Stock Movers

Cerulean Pharma Inc. (Nasdaq: CERU) 79.7%... More

Mizuho Securities Remains Sidelined on Yahoo! (YHOO) Following 3Q Report and Guidance

October 19, 2016 9:16 AM EDT

Mizuho Securities reiterated a Neutral rating on Yahoo! (NASDAQ: YHOO), and raised the price target to $42.00 (from $38.00), following the company's 3Q earnings report. 3Q revenues of $858m was slightly behind the Street's expectations of $861m. Non-GAAP EPS of $0.20 was ahead of expectations of $0.14. For... More

Yahoo! (YHOO) PT Bumped to $45 at Nomura

October 19, 2016 8:22 AM EDT

Nomura Securities analyst Anthony DiClemente raised his price target on Yahoo! (NASDAQ: YHOO) to $45.00 (from $39.00) following Q3 results but maintained a Neutral rating.

DiClemente commented, "Yahoos 3Q results and 4Q guidance were modestly ahead of our estimates. Although incrementally... More

Verizon (VZ) Is Unlikely To Get A Kickback From Yahoo! (YHOO) - Needham

October 19, 2016 7:01 AM EDT

Needham & Company analyst, Laura Martin, reiterated her Hold on shares of Yahoo! (NASDAQ: YHOO) noting that although YHOO did not hold a call, questions about results were answered.

The analyst pointed out that earnings slide #6... More

Yahoo! (YHOO) PT Lifted to $48 at Susquehanna

October 19, 2016 6:44 AM EDT

Susquehanna analyst Shyam Patil reiterated a Positive rating and lifted his price target on Yahoo! (NASDAQ: YHOO) to $48.00 (from $44.00) following results.

Patil highlighted:

Our thoughts going forward and upcoming catalysts. At this point, the focus is on the sale of the core to Verizon and whether there could possibly be a cut to the... More

After-Hours Stock Movers 10/18: (YHOO) Higher; (CREE) (VIVO) (MANH) Lower (more...)

October 18, 2016 6:16 PM EDT

After-Hours Movers

Cree (NASDAQ: CREE) 9.5% LOWER; reported Q1 EPS of $0.09, $0.02 worse than the analyst estimate of $0.11. Revenue for the quarter came in at $321.3 million versus the consensus estimate of $322.77 million. GUIDANCE: Cree sees Q2 2017 EPS of $0.13-$0.19, versus the consensus of $0.15. Cree sees Q2 2017 revenue of $310-330 million, versus the consensus of $336.7 million.

Meridian Bioscience, Inc. (Nasdaq: VIVO) 9% LOWER; announced that based on preliminary results, it expects revenues for fiscal year 2016, ended on September 30, 2016, to be approximately $196... More

Yahoo! (YHOO) Tops Q3 EPS by 6c; Mobile Revenue Rose 46%

October 18, 2016 4:07 PM EDT

Yahoo! (NASDAQ: YHOO) reported Q3 EPS of $0.20, $0.06 better than the analyst estimate of $0.14. Revenue for the quarter came in at $1.23 billion versus the consensus estimate of $1.31 billion.

Mobile Revenue*:

Q3 2015 Q3 2016Mobile revenue $ 271 million $ 396 millionDesktop revenue 844 million... More

UPDATE: Verizon (VZ) Losing Patience with Yahoo! (YHOO) Over Hack Probe; Said Still Interested in Deal- Bloomberg

October 18, 2016 2:48 PM EDT

(Updated - October 18, 2016 2:51 PM EDT)

Verizon Communications (NYSE: VZ) said still interested in Yahoo! (Nasdaq: YHOO) deal, according to Bloomberg. Verizon is losing patience with Yahoo over its hack probe.

Lack of disclosure said to potentially jeopardize the deal, sources said.

... More

Notable Analyst Rating Changes 10/18: (PKG) (INTC) (GPOR) Upgraded; (DDR) (CMG) (CRZO) Downgraded

October 18, 2016 10:20 AM EDT

UPGRADES
BofAMerrill Lynchh upgrades Packaging Corp. of America (NYSE: PKG) from Neutral to Buy with a price target of $92.

Barclays raises Intel (Nasdaq: INTC) from Equalweight to Overweight with a price... More

Needham & Company Downgrades Yahoo! (YHOO) to Hold

October 18, 2016 7:25 AM EDT

Needham & Company downgraded Yahoo! (NASDAQ: YHOO) from Buy to Hold.

Analyst Laura Martin commented, "We are downgrading YHOO to Hold from Buy because: 1) YHOO now trades above our previous $40/share target price; 2) We worry that VZ will walk away or renegotiate its... More

Trading Radar for 10/18: Goldman Sachs (GS), Intel (INTC), Yahoo! (YHOO), J&J (JNJ), Harley-Davidson (HOG) Report

October 17, 2016 2:07 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

CPI - Street sees 0.3%Core CPI - Street sees 0.2%

Earnings:

Badger Meter (NYSE: BMI) - consensus EPS $0.33
BlackRock (NYSE: BLK) - consensus EPS $4.98
Comerica (NYSE: CMA) -... More

MKM Partners Raises price Target on Yahoo! (YHOO) Ahead of 3Q Report

October 17, 2016 10:43 AM EDT

MKM Partners reiterated a Buy rating on Yahoo! (NASDAQ: YHOO), and raised the price target to $51.00 (from $44.00), ahead of the company's 3Q earnings report. MKM believes that the earnings report will most likely be a "non-event" with the acquisition by Verizon (NYSE:... More