Yahoo! (YHOO) Receives ‘Analyst’ Rating

Yahoo! (YHOO) : The consensus on Yahoo! (YHOO) based on 28 analyst recommendation on the company stock is 2.04, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 12 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 analyst believes that the stock is a Buy, which can produce decent returns in the future. 13 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Yahoo! (YHOO) : The highest level Yahoo! (YHOO) is projected to reach is $53 for the short term and the lowest estimate is at $32. The consolidated price target from 23 rating analysts who initiate coverage on the stock is $42.24 and the possibility the share price can swing is $4.77.


Also, In a research note released to the investors, Morgan Stanley downgrades its rating on Yahoo! (NASDAQ:YHOO).The analysts at the brokerage house have a current rating of Equal-weight on the shares. Earlier, the shares were rated a Overweight by the brokerage firm. In a recent information released to the investors, Morgan Stanley lowers the new price target from $46 per share to $42 per share. The rating by the firm was issued on July 26, 2016.

Yahoo! (NASDAQ:YHOO): After opening at $43.41, the stock dipped to an intraday low of $43.22 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $44.05 and the buying power remained strong till the end. The stock closed at $43.99 for the day, a gain of 1.22% for the day session. The total traded volume was 12,535,634. The stocks close on the previous trading day was $43.46.

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.

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