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Fly News Breaks for April 22, 2015
YHOO
Apr 22, 2015 | 06:32 EDT
Barclays said Yahoo reported an "uninspiring" in-line quarter. Firm said Yahoo is aggressively pursuing new revenue streams that are accretive to top line revenue, yet very little has flowed to net revenue and EBITDA. Barclays assigns little value to improvements until net revenues rise and lowered its price target to $48 and maintained its Equal Weight rating.
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