Goldman Sachs Adds Yahoo! (YHOO) to Conviction Buy List; Says Buyback to Drive More Upside

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StreetInsider.com Rating Du Jour 11/26: Goldman Sachs Takes on Yahoo! (YHOO)

November 26, 2012 8:00 AM EST

StreetInsider.com's Rating Du Jour for November 26, 2012 is Goldman Sachs' call on Yahoo! (Nasdaq: YHOO).

The firm added Yahoo! to its venerable "Conviction Buy List" and raised its price target to $24, suggesting 29 percent upside from current levels.

The gist of the call centers around Yahoo!'s capital allocation moves (i.e. share repurchases),... More