Vetr Inc. announced Yahoo! Inc. (NASDAQ:YHOO), boosting its stock price target to $41.44 today
- Updated: September 17, 2016
Boasting a price of $42.52, Yahoo! Inc. (NASDAQ:YHOO) traded 0.73% lower on the day. With the last close up 15.54% from the two hundred day moving average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the date range. The company has logged a 50-day moving average of $41.55 and two hundred day average of $37.80. Trade volume was was up over the average, with 19,093,930 shares of YHOO changing hands over the typical 11,203,600 shares.
Yahoo! Inc. (NASDAQ:YHOO) had its target price upped to $41 by Vetr Inc. in a report issued Thursday August 18 2016. The increased target price suggests a possible downside of -0.03% from the bussiness’ most recent stock close price.
On Tuesday July 26 2016, Morgan Stanley reported on Yahoo! Inc.(NASDAQ:YHOO) dropped the target price from $46.00 to $42.00 that suggested an upside of 0.10%.
Also covering Yahoo! Inc.’s price target, a total of 33 brokerages have reported on YHOO. The 12-month target is $38.85 with six firms rating the company a strong buy, 15 firms rating the stock a buy, 18 firms rating the stock a hold, one firm rating the company to underperform, and finally 0 firms rating the stock as sell.
With a total market value of $0.0, Yahoo! Inc. has a 52 week low of $26.15 and a one-year high of $44.92 with a price-earnings ratio of 0.
General Company Details For 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, and Finance and Lifestyle.
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