Analyst Rating Update on Yahoo! (YHOO)

Yahoo! (YHOO) : 29 analysts are covering Yahoo! (YHOO) and their average rating on the stock is 2, which is read as a Buy. 13 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Yahoo! (YHOO) also receives 3 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 13 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Yahoo! (YHOO) : The consensus price target for Yahoo! (YHOO) is $42.11 for the short term with a standard deviation of $4.5. The most optimist securities analyst among the 23 who monitor the stock believes that the stock can reach $50, however, the pessimist price target for the company is $32.

For the current week, the company shares have a recommendation consensus of Buy. Also, Morgan Stanley downgrades their rating on the shares of Yahoo! (NASDAQ:YHOO). The current rating of the shares is Equal-weight. Earlier, the shares were rated a Overweight by the brokerage firm. Equity Analysts at the Firm lowers the price target to $42 per share from $46 per share. The rating by the firm was issued on July 26, 2016.


Yahoo! (NASDAQ:YHOO): The stock opened at $38.43 on Wednesday but the bulls could not build on the opening and the stock topped out at $38.55 for the day. The stock traded down to $38.28 during the day, due to lack of any buying support eventually closed down at $38.39 with a loss of -0.47% for the day. The stock had closed at $38.57 on the previous day. The total traded volume was 5,888,951 shares.

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. 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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.