Citigroup Maintains Yahoo! to Buy with Price Target $43.00

Brokerage firm Citigroup Maintains its rating on Yahoo!(NASDAQ:YHOO). In a research note issued to the investors, the brokerage major Raises the price-target to $43.00 per share. The shares have been rated Buy. The rating by Citigroup was issued on Jun 16, 2016.

In a different note, On Apr 20, 2016, Goldman Sachs said it Maintains its rating on Yahoo!. In the research note, the firm Raises the price-target to $37.00 per share. The shares have been rated ‘Neutral’ by the firm. On Apr 20, 2016, Barclays said it Maintains its rating on Yahoo!. In the research note, the firm Raises the price-target to $35.00 per share. The shares have been rated ‘Equal-weight’ by the firm. On Apr 20, 2016, Citigroup said it Maintains its rating on Yahoo!. In the research note, the firm Raises the price-target to $37.00 per share. The shares have been rated ‘Neutral’ by the firm. On Apr 20, 2016, Credit Suisse said it Maintains its rating on Yahoo!. In the research note, the firm Lowers the price-target to $47.00 per share. The shares have been rated ‘Neutral’ by the firm. On Apr 20, 2016, Oppenheimer said it Maintains its rating on Yahoo!. In the research note, the firm Raises the price-target to $40.00 per share. The shares have been rated ‘Outperform’ by the firm. On Apr 20, 2016, Susquehanna said it Maintains its rating on Yahoo!. In the research note, the firm Raises the price-target to $40.00 per share. The shares have been rated ‘Positive’ by the firm.

Yahoo! (YHOO) made into the market gainers list on Tuesdays trading session with the shares advancing 0.29% or 0.11 points. Due to strong positive momentum, the stock ended at $37.4, which is also near the day’s high of $37.55. The stock began the session at $37.37 and the volume stood at 55,74,603 shares. The 52-week high of the shares is $41.385 and the 52 week low is $26.15. The company has a current market capitalization of $35,495 M and it has 94,90,68,570 shares in outstanding.

Yahoo!(YHOO) last announced its earnings results on Apr 19, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $1.09B. Analysts had an estimated revenue of $1.08B. Earnings per share were $0.08. Analysts had estimated an EPS of $0.08.

Several Insider Transactions has been reported to the SEC. On Jun 14, 2016, Lisa Utzschneider (Chief Revenue Officer) sold 339 shares at $36.97 per share price.Also, On May 5, 2016, Kenneth A Goldman (Chief Financial Officer) sold 200,000 shares at $36.10 per share price.On Apr 20, 2015, Marissa A Mayer (Chief Executive Officer) sold 100,000 shares at $46.00 per share price, according to the Form-4 filing with the securities and exchange commission.

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 Company’s 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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