Yahoo, Inc. (YHOO) Misses Q2 EPS by 1c; Display Revs Fell 7%
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July 16, 2014 11:36 AM EDT
While most were out negative on Yahoo! (NASDAQ: YHOO) following Q2 results and outlook, Piper Jaffray analyst Gene Munster reiterated a Overweight-rating and bumped his price target to $44.00 (from $43.00) saying investors should own the stock ahead of the Alibaba (NYSE: BABA)... More
July 16, 2014 9:48 AM EDT
Cantor Fitzgerald maintained a Buy rating on Yahoo! (NASDAQ: YHOO) and lowered its price target to $39.00 (from $42.00). The change follows Q2 results, Q3 guidance, and news it plans to reduce the number of Alibaba shares it will sell at IPO.
"Yahoo! reported disappointing 2Q:14 results, with Display advertising reverting back... More
July 16, 2014 6:38 AM EDT
CRT Capital downgraded Yahoo! (NASDAQ: YHOO) from Buy to Fairly Valued with a price target of $38.00 (from $41.00).
For an analyst ratings summary and ratings history on Yahoo! click here. For more ratings news on Yahoo! click here.
Shares of Yahoo! closed at $35.61 yesterday.
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July 16, 2014 6:16 AM EDT
Susquehanna analyst Brian Nowak reiterated a Neutral rating and cut his price target on Yahoo! (NASDAQ: YHOO) to $36.00 (from $40.00) following weak Q2 results and Q3 guidance.
Nowak said there is little to like about core trends (now only ~20% of the... More
July 15, 2014 4:31 PM EDT
Yahoo! (NASDAQ: YHOO) sees Q3 GAAP revenue of $1.06-$1.1 billion. It sees revenue ex-TAC of $1.02-$1.06 billion vs consensus of $1.10 billion. Adjusted EBITDA is seen at $220-$260 million. Non-GAAP operating income in seen at $70-$110 million.
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July 15, 2014 4:15 PM EDT
In addition to earnings, Yahoo! (NASDAQ: YHOO) said the number of shares it will sell in the Alibaba (NYSE: BABA) IPO was reduded from 208 million shares to 140 million shares
"We are pleased to announce today that... More
