Needham downgraded Yahoo! Inc. (NASDAQ:YHOO) from Buy to Hold in a statement released earlier today.
- Updated: October 18, 2016
Boasting a price of $0.00, Yahoo! Inc. (NASDAQ:YHOO) traded 0.00% even on the day. With the last stock price close down 6.45% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Yahoo! Inc. has recorded a 50-day average of $43.16 and a two hundred day average of $39.26. Volume of trade was down over the average, with 0 shares of YHOO changing hands under the typical 11,397,600
Needham has downgraded Yahoo! Inc. (NASDAQ:YHOO) from Buy to Hold in a statement released on 10/18/2016. They are also stating a potential upside of 0%.
On Monday October 17, 2016, MKM Partners released a statement for Yahoo! Inc. (NASDAQ:YHOO) bumped up the target price from $44.00 to $51.00 that suggested an upside of 0.23%.
With a total market value of $0, Yahoo! Inc. has with a one year low of $26.15 and a one year high of $44.92 .
A total of 33 equity analysts have released a research note on YHOO. Six equity analysts rating the company a strong buy, fifteen equity analysts rating the company a buy, eighteen equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $38.85.
More About Yahoo! Inc. (NASDAQ:YHOO)
Yahoo! Inc. (Yahoo), along with its subsidiaries, is engaged in digital information discovery. The Company's segments include the Americas; Europe, Middle East and Africa (EMEA), and Asia Pacific. The Company focuses on informing, connecting and entertaining its users with its search (Yahoo search), communications, including Yahoo Mail and Yahoo Messenger, and digital content products, including Tumblr, and its four verticals, such as Yahoo News, Yahoo Sports, Yahoo Finance and Yahoo Lifestyle. Yahoo Search is a search engine that serves as a guide for users to discover the information on the Internet. Yahoo Mail connects users to the people and things across mobile and desktop. Yahoo Messenger is an instant messaging service that provides an interactive and personalized way for users to connect and communicate in real-time. The Company's Digital Content offerings include Tumblr, its social platform, and its four verticals, including News, Sports, Finance and Lifestyle.
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