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Yahoo! (NASDAQ:YHOO) was downgraded by equities research analysts at Citigroup Inc. from a “buy” rating to a “neutral” rating in a research note issued to investors on Tuesday, Analyst Ratings.Net reports.

Yahoo! (NASDAQ:YHOO) opened at 33.445 on Tuesday. Yahoo! has a 52 week low of $22.70 and a 52 week high of $41.72. The stock has a 50-day moving average of $36.83 and a 200-day moving average of $36.74. The company has a market cap of $33.759 billion and a price-to-earnings ratio of 26.09.

Yahoo! (NASDAQ:YHOO) last posted its quarterly earnings results on Monday, January 27th. The company reported $0.46 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.38 by $0.08. The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter in the prior year, the company posted $0.32 earnings per share. The company’s quarterly revenue was down 1.7% on a year-over-year basis. Analysts expect that Yahoo! will post $1.57 EPS for the current fiscal year.

YHOO has been the subject of a number of other recent research reports. Analysts at Macquarie upgraded shares of Yahoo! from a “neutral” rating to an “outperform” rating in a research note on Tuesday. They now have a $40.00 price target on the stock, up previously from $37.50. Separately, analysts at SunTrust upgraded shares of Yahoo! from a “neutral” rating to a “buy” rating in a research note on Monday. They now have a $40.00 price target on the stock, down previously from $42.00. Finally, analysts at Pivotal Research cut their price target on shares of Yahoo! from $37.00 to $36.00 in a research note on Thursday, April 10th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and seventeen have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $36.93.

Yahoo! Inc (NASDAQ:YHOO) is a global technology company.

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