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Yandex NV (NASDAQ:YNDX) was downgraded by stock analysts at Goldman Sachs from a “buy” rating to a “neutral” rating in a report issued on Thursday.

A number of other analysts have also recently weighed in on YNDX. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Yandex NV in a research note on Wednesday, July 30th. They now have a $34.00 price target on the stock, up previously from $33.00. Separately, analysts at Raiffeisen Bank downgraded shares of Yandex NV from a “buy” rating to a “hold” rating in a research note on Friday, July 25th. Finally, analysts at Standpoint Research downgraded shares of Yandex NV from a “buy” rating to a “hold” rating in a research note on Friday, June 27th. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Yandex NV currently has a consensus rating of “Buy” and an average target price of $44.90.

Yandex NV (NASDAQ:YNDX) traded up 0.45% during mid-day trading on Thursday, hitting $30.30. The stock had a trading volume of 475,814 shares. Yandex NV has a 1-year low of $21.70 and a 1-year high of $45.42. The stock’s 50-day moving average is $30.64 and its 200-day moving average is $31.8. The company has a market cap of $9.633 billion and a price-to-earnings ratio of 23.10.

Yandex NV (NASDAQ:YNDX) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $0.30 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.29 by $0.01. The company had revenue of $361.50 million for the quarter, compared to the consensus estimate of $340.25 million. During the same quarter in the prior year, the company posted $0.27 earnings per share. The company’s quarterly revenue was up 32.0% on a year-over-year basis. Analysts expect that Yandex NV will post $43.01 EPS for the current fiscal year.

Yandex N.V. (NASDAQ:YNDX) is an Internet company in Russia.

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