Yahoo! (YHOO) : 13 brokerage houses believe that Yahoo! (YHOO) is a Strong Buy at current levels. 3 Analyst considers the fundamentals to be worthy of a Buy recommendation. 13 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Yahoo! (YHOO). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 29 Wall Street Analysts endorse the stock as a Buy with a rating of 2.
Yahoo! (YHOO) : 23 investment research analysts covering Yahoo! (YHOO) have an average price target of $42.11 for the near short term. The highest target price given by the Brokerage Firm to the stock is $50 and the lowest target is $32 for the short term. Analysts expect the variance to be within $4.5 of the average price.
For the current week, the company shares have a recommendation consensus of Buy. Yahoo! (NASDAQ:YHOO): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $41.12 and $40.93 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $41.73. The buying momentum continued till the end and the stock did not give up its gains. It closed at $41.27, notching a gain of 3.36% for the day. The total traded volume was 23,938,864 . The stock had closed at $39.93 on the previous day.
In a related news,The officer (Chief Revenue Officer) of Yahoo Inc, Utzschneider Lisa sold 683 shares at $38.18 on August 1, 2016. The Insider selling transaction had a total value worth of $26,077. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.