Yahoo! (YHOO) Target Bumped to Higher at Piper Jaffray
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April 16, 2014 9:08 AM EDT
Gabelli upgraded Yahoo! (NASDAQ: YHOO) from Hold to Buy.
For an analyst ratings summary and ratings history on Yahoo! click here. For more ratings news on Yahoo! click here.
Shares of Yahoo! closed at $34.21 yesterday.
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April 16, 2014 7:05 AM EDT
Susquehanna analyst Brian Nowak bumped his price target on Yahoo! (NASDAQ: YHOO) from $39 to $42 following Q1 results but maintained a Neutral rating. Nowak called the results "deja vu" as the core business continues to disappoint, and the valuation is all about (a rapidly... More
April 16, 2014 6:50 AM EDT
Wells 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
April 16, 2014 6:35 AM EDT
Evercore Partners analyst Ken Sena bumped his price target on Yahoo! (NASDAQ: YHOO) from $39 to $42 following Q1 results, but maintained his Equal Weight rating. The price target increase comes amid an increased valuation for Alibaba after the company delivered strong results.
Sena commented, "Alibaba delivered accelerated revenue growth of... More
April 16, 2014 6:30 AM EDT
RBC Capital analyst Mark Mahaney reiterated an Outperform rating and $44 price target on Yahoo! (NASDAQ: YHOO) following in-line Q1 results.
Mahaney highlighted the positives and the negatives from the quarter: The Quarter Keys Positives: 1) Stabilizing Display Trends 2% Y/Y revenue growth best in several yearsand Ads Sold (up 7%) and Pricing (down 5%) metrics are... More
April 15, 2014 4:15 PM EDT
(Updated - April 15, 2014 4:55 PM EDT)
Alibaba Group Q4 revenue rose 66 percent to $3.06 billion while net income more than doubled to $1.35 billion.
Profit was driven by strong e-commerce promotion and sales last November during Alibaba's Singles' Day. On Singles' Day, which was Mov. 11, 2013, sales for Alibaba's two... More
April 15, 2014 4:06 PM EDT
Yahoo, 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
