Yahoo! Stock Rating Reaffirmed by TheStreet (YHOO)
Yahoo! (NASDAQ:YHOO)‘s stock had its “buy” rating reiterated by investment analysts at TheStreet in a note issued to investors on Monday, Stock Ratings Network.com reports.
The analysts wrote, “Yahoo (YHOO) has been reiterated by TheStreet Ratings as a buy with a ratings score of B-. The company’s strengths can be seen in multiple areas, such as its solid stock price performance, reasonable valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.”
YHOO has been the subject of a number of other recent research reports. Analysts at Merrill Lynch reiterated a “buy” rating on shares of Yahoo! in a research note to investors on Monday, January 6th. Separately, analysts at Bank of America Corp. raised their price target on shares of Yahoo! to $44.00 in a research note to investors on Friday, January 3rd. They now have a “hold” rating on the stock. They noted that the move was a valuation call. Finally, analysts at UBS AG raised their price target on shares of Yahoo! to $44.00 in a research note to investors on Friday, January 3rd. They now have a “hold” rating on the stock. They noted that the move was a valuation call. Twenty-one analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $34.00.
Yahoo! Inc (NASDAQ:YHOO) is a digital media company.
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