Yahoo Announces Commencement of Tender Offer to Purchase up to $3.0 Billion of Its Common Stock

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Yahoo! (YHOO) PT Raised to $62 at MKM Partners; Reiterates Buy

May 16, 2017 10:43 AM EDT

MKM Partners raised its price target on Yahoo! (NASDAQ: YHOO) to $62.00 (from $58.00) while maintaining a Buy rating. The price change coinces with MKM's price target revision on Alibaba (BABA).

The sale of the core operating business to Verizon (VZ) is expected to... More