Yahoo! (YHOO) : Analyst Rating Update

Yahoo! (YHOO) : 15 brokerage houses believe that Yahoo! (YHOO) is a Strong Buy at current levels. 3 Analyst considers the fundamentals to be worthy of a Buy recommendation. 8 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Yahoo! (YHOO). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 26 Wall Street Analysts endorse the stock as a Buy with a rating of 1.73.

Yahoo! (YHOO) : The highest level Yahoo! (YHOO) is projected to reach is $52 for the short term and the lowest estimate is at $32. The consolidated price target from 24 rating analysts who initiate coverage on the stock is $43.17 and the possibility the share price can swing is $5.21.

Yahoo! (NASDAQ:YHOO): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $37.43 and $37.13 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $37.56. The buying momentum continued till the end and the stock did not give up its gains. It closed at $37.51, notching a gain of 0.03% for the day. The total traded volume was 8,328,101 . The stock had closed at $37.50 on the previous day.

Also, Brokerage firm Citigroup maintains its rating on Yahoo! (NASDAQ:YHOO). As per the latest information, the brokerage house raises the price target to $43 per share from a prior target of $38. The shares have been rated Buy. The rating by the firm was issued on June 16, 2016. The company shares have rallied 0.73% from its 1 Year high price. On Jul 20, 2015, the shares registered one year high at $39.98 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $37.01 and the 200 Day Moving Average price is recorded at $34.21.

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. 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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