Susquehanna disclosed Yahoo! (NASDAQ:YHOO), hiking its price target to $48.00 earlier today
- Updated: October 19, 2016
Reporting a potential upside of 0.15%, Susquehanna raised the target price of Yahoo! (NASDAQ:YHOO) to $48.00
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 to the S&P 500 which has decreased -0.01% over the same time. 2,319,379 shares of Yahoo! exchanged hands, down from an avg. volume of 11,370,500
With a total market value of $0, Yahoo! 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 ratings update 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.
Brief Synopsis 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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