Information Provided By:
Fly News Breaks for April 20, 2016
YHOO
Apr 20, 2016 | 08:23 EDT
Boenning & Scattergood analyst Murali Sankar said Yahoo beat low guidance on the top and bottom line and provided a conservative Q2 outlook. The analyst continues to believe that the sale process will unlock the sum-of-parts valuation and note the discount on the core business appears to be narrowing. Sankar reiterates his Outperform rating and updated estimates, DCF valuation of the core business, and values of investment holding which increased his price target to $47 from $39 on shares.
News For YHOO From the Last 2 Days
There are no results for your query YHOO