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RBC Capital covered Yahoo! (NASDAQ:YHOO), upping its target price to $45.00 today

Yahoo! (NASDAQ:YHOO) had its stock price target increased to $45.00 by RBC Capital in a report issued 10/19/2016. The updated target suggests a potential upside of 0.08% from the company's last stock close price.

Only yesterday Yahoo! (NASDAQ:YHOO) traded 2.83% higher at $41.68. The company’s 50-day moving average is $43.14 and its 200-day moving average is $39.30. The last stock close price is up 9.07% from the 200-day moving average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. Trade Volume was down over the average, with 2,319,379 shares of YHOO changing hands under the typical 11,370,500

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Yahoo! has with a one year low of $26.15 and a one year high of $44.92 and has a total market value of $0.

A total of 33 analysts have released a report on Yahoo!. Six analysts rating the company a strong buy, fifteen analysts rating the company a buy, eighteen analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $38.85.

More About Yahoo! (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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