Information Provided By:
Fly News Breaks for April 20, 2016
BABA, YHOO
Apr 20, 2016 | 06:14 EDT
Piper Jaffray analyst Gene Munster raised his price target for Yahoo (YHOO) to $40 following the company's Q1 results. The core business remains challenged and will continue to be challenged for the foreseeable future, Munster tells investors in a research note. The more important story remains the possible sale, but management would not add much information on the process, the analyst contends. Munster still believes the Alibaba (BABA) stake provides upside to the story and he keeps an Overweight rating on Yahoo.
News For YHOO;BABA From the Last 2 Days
There are no results for your query YHOO;BABA