Information Provided By:
Fly News Breaks for July 25, 2016
YHOO
Jul 25, 2016 | 11:49 EDT
Piper Jaffray analyst Gene Munster said Yahoo's (YHOO) remaining 4,000 patents in the Excalibur "portfolio" could be worth "another $1 billion+," noting that AOL previously sold a portfolio of 800 patents for $1.1B in 2012. Adding that potential value to the $4.8B Verizon (VZ) agreed to pay to acquire core Yahoo brings the purchase price close to in line with Munster's sum-of-parts assumption of a $6.4B value for the core, he tells investors. The analyst keeps a $40 price target and Overweight rating on Yahoo shares.
News For YHOO From the Last 2 Days
There are no results for your query YHOO