Monday, January 7, 2013

YHOO: Yahoo (YHOO) is downgraded to Hold from Buy by...

7:35 AM, Jan 07. Yahoo (YHOO) is downgraded to Hold from Buy by Bernstein's Carlos Kirjner, who says it's hard to see the upside from here following a 6-month 33% rally. He notes the timing of the Alibaba IPO is uncertain and the core business may produce weaker-than-expected results in H1. Shares -1.6% premarket. Read comments

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