Yahoo! (YHOO) Tops Q1 EPS by 4c
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Yahoo! (YHOO) PT Raised to $57 at Oppenheimer
April 19, 2017 10:03 AM EDTOppenheimer raised its price target on Yahoo! (NASDAQ: YHOO) to $57.00 (from $52.00) while maintaining a Outperform rating. YHOO reported EPS of $0.10, ahead of the Street by $0.05. 2017 estimates remain unchanged.
Oppenheimer is not revising the calculation of SOTP; however, the appreciation in BABA shares increases the price target from $52 to $57.
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