Thursday, March 21, 2013

YHOO: Yahoo (YHOO) is upped to a Buy at Oppenheimer,...

7:35 AM Yahoo (YHOO) is upped to a Buy at Oppenheimer, which also raises its price target to $27 from $22. The combination of Alibaba maybe pulling off an IPO valuing it at $77B and higher revenues from search mean the shares - currently at $22 - have value, says Oppenheimer. Stock's up 1.6% premarket. Read comments

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YHOO price at time of publication: $22.09. Check YHOO price now »

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