Yahoo! Upgraded to “Buy” at UBS AG (YHOO)
Yahoo! (NASDAQ:YHOO) was upgraded by research analysts at UBS AG from a “fair value” rating to a “buy” rating in a report released on Tuesday, StockRatingsNetwork reports.
Several other analysts have also recently commented on the stock. Analysts at FBN Securities initiated coverage on shares of Yahoo! in a research note to investors on Tuesday. They set an “outperform” rating on the stock. Separately, analysts at CRT Capital upgraded shares of Yahoo! from a “fair value” rating to a “buy” rating in a research note to investors on Tuesday. They now have a $52.00 price target on the stock. They noted that the move was a valuation call. Finally, analysts at TheStreet reiterated a “buy” rating on shares of Yahoo! in a research note to investors on Monday. Nineteen investment analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. Yahoo! presently has a consensus rating of “Hold” and an average price target of $34.27.
Yahoo! Inc (NASDAQ:YHOO) is a digital media company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.