Yahoo! (YHOO) : Average target price received by Yahoo! (YHOO) is $43.13 with an expected standard deviation of $5.19. The most aggressive target on the stock is $52, whereas the most downbeat target is $32. 24 financial analysts are currently covering the stock.
Yahoo! (YHOO), A reduction of 873,362 shares or 2.4% was observed in the short interest of Yahoo! Inc. The interest on June 30,2016 came in at 35,452,856 shares and as per the average daily trading of 11,188,047 shares, the days to cover are 3. The reduced interest is 4.1% of the floated shares. The data of June 15,2016 put the interest at 36,326,218 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.
Also, Citigroup maintains their rating on the shares of Yahoo! (NASDAQ:YHOO). The current rating of the shares is Buy. Equity Analysts at the Firm raises the price target to $43 per share from $38 per share. The rating by the firm was issued on June 16, 2016.
Yahoo! (NASDAQ:YHOO): stock turned positive on Thursday. Though the stock opened at $37.85, the bulls momentum made the stock top out at $38.35 level for the day. The stock recorded a low of $37.85 and closed the trading day at $37.96, in the green by 0.85%. The total traded volume for the day was 10,713,015. The stock had closed at $37.64 in the previous days trading.
Yahoo! Inc. is a technology company. The Company is engaged in providing Internet search, communication and digital content. The Company manages its business geographically: the Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific. The Companys products include Search, Communications, Digital content, Flickr, and Tumblr. Yahoo Search is a search engine serves as a starting point to navigate the Internet and discover information, which is ranked and organized -based on their relevance to the query. Yahoo Mail connects users across mobile phones, tablets and PC. Yahoo.com offers news and information, including Yahoo original content and partner content. Flickr is a Web and mobile photo management and sharing service. Tumblr offers a Web platform and mobile applications (particularly on the iOS and Android platforms) that allow users to create, share and curate content. Yahoo is also a digital publisher and advertising technology provider.