Macquarie Upgrades Yahoo! (YHOO) to Outperform
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Go back to Macquarie Upgrades Yahoo! (YHOO) to Outperform
April 16, 2014 6:50 AM EDT
Wells Fargo upgraded Yahoo! (NASDAQ: YHOO) from Market Perform to Outperform with a price target of $45-$47. Analyst Peter Stabler thinks Alibaba will be the driver, but he also noted progress in Yahoo's core business.
"Our upgrade is based on... More
April 15, 2014 4:06 PM EDT
Yahoo, Inc. (NASDAQ: YHOO) reported Q1 EPS of $0.38, $0.01 better than the analyst estimate of $0.37. Revenue for the quarter came in at $1.07 billion versus the consensus estimate of $1.08 billion.
I am really pleased by our first quarter performance, marking our best Q1 revenue ex-TAC since 2010. Buoyed by our 9th consecutive quarter of year-over-year growth in Search revenue ex-TAC and our first quarter of Q1 year-over-year growth in display revenue ex-TAC... More
April 11, 2014 7:06 AM EDT
Nomura Securities analyst Anthony DiClement bumped his price target on Yahoo! (NASDAQ: YHOO) from $40 to $43 on Alibaba but maintained a Neutral rating.
"We now value Alibaba at $136bn, based on a ~22x 2015E P/E multiple applied to 2015E net income of $6.2bn,... More
