Macquarie Upgrades Yahoo! (YHOO) to Outperform
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Wells Fargo Upgrades Yahoo! (YHOO) to Outperform on Alibaba and Core Improvement
April 16, 2014 6:50 AM EDTWells Fargo upgraded Yahoo! (NASDAQ: YHOO) from Market Perform to Outperform with a price target of $45-$47. Analyst Peter Stabler thinks Alibaba will be the driver, but he also noted progress in Yahoo's core business.
"Our upgrade is based on... More
Yahoo, Inc. (YHOO) Tops Q1 EPS by 1c
April 15, 2014 4:06 PM EDTYahoo, Inc. (NASDAQ: YHOO) reported Q1 EPS of $0.38, $0.01 better than the analyst estimate of $0.37. Revenue for the quarter came in at $1.07 billion versus the consensus estimate of $1.08 billion.
I am really pleased by our first quarter performance, marking our best Q1 revenue ex-TAC since 2010. Buoyed by our 9th consecutive quarter of year-over-year growth in Search revenue ex-TAC and our first quarter of Q1 year-over-year growth in display revenue ex-TAC... More
Yahoo! (YHOO) Price Target Raised at Nomura on Alibaba
April 11, 2014 7:06 AM EDTNomura Securities analyst Anthony DiClement bumped his price target on Yahoo! (NASDAQ: YHOO) from $40 to $43 on Alibaba but maintained a Neutral rating.
"We now value Alibaba at $136bn, based on a ~22x 2015E P/E multiple applied to 2015E net income of $6.2bn,... More
