Brokerage Firm Rating Update on Yahoo! (YHOO)

Yahoo! (YHOO) : Zacks Investment Research ranks Yahoo! (YHOO) as 3, which is a Hold recommendation. 12 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 3 other analysts are mildly bullish on the stock and favor a Buy. A total of 13 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 28 research analysts is 2.04, which indicates as a Buy.

Yahoo! (YHOO) : Average target price received by Yahoo! (YHOO) is $42.24 with an expected standard deviation of $4.77. The most aggressive target on the stock is $53, whereas the most downbeat target is $32. 23 financial analysts are currently covering the stock.

Yahoo!

For the current week, the company shares have a recommendation consensus of Buy. Also, Equity Analysts at the Morgan Stanley downgrades the rating on Yahoo! (NASDAQ:YHOO). The brokerage firm has issued a Equal-weight rating on the shares. The shares were previously rated Overweight. The Analysts at the ratings agency lowers the price target from $46 per share to $42 per share. The rating by the firm was issued on July 26, 2016.

Yahoo! (NASDAQ:YHOO): stock was range-bound between the intraday low of $44.19 and the intraday high of $44.92 after having opened at $44.55 on Wednesdays session. The stock finally closed in the red at $44.55, a loss of -0.81%. The stock remained in the red for the whole trading day. The total traded volume was 9,109,446 shares. The stock failed to cross $44.92 in Wednesdays trading. The stocks closing price on Thursday was $44.71.

Yahoo! Inc. is a technology company. The Company is engaged in providing Internet search, communication and digital content. The Company manages its business geographically: the Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific. The Companys products include Search, Communications, Digital content, Flickr, and Tumblr. Yahoo Search is a search engine serves as a starting point to navigate the Internet and discover information, which is ranked and organized -based on their relevance to the query. Yahoo Mail connects users across mobile phones, tablets and PC. Yahoo.com offers news and information, including Yahoo original content and partner content. Flickr is a Web and mobile photo management and sharing service. Tumblr offers a Web platform and mobile applications (particularly on the iOS and Android platforms) that allow users to create, share and curate content. Yahoo is also a digital publisher and advertising technology provider.

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