Goldman Sachs Raises PT on Yahoo! (YHOO), Thinks Alibaba Worth $70B

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Cantor Fitzgerald Raises PT on Yahoo! (YHOO)

May 14, 2013 12:46 PM EDT

Cantor Fitzgerald today maintained a Buy rating on Yahoo! (NASDAQ: YHOO) and raised its price target to $30.00 (from $26.00). Analyst Youssef Squali increased Alibaba Group valuation to $86.6 billion at the mid-point.

"This new valuation implies ~12x EV/Rev. and 40x EV/EBITDA on our... More