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Yahoo! Inc. (NASDAQ:YHOO) target price raised to $45.00, reported today by RBC Capital Markets

Yesterday Yahoo! Inc. (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 the stock were exchanged, down from an average trading volume of 11,370,500

Yahoo! Inc. (NASDAQ:YHOO) had its target price raised to $45.00 by RBC Capital Markets in a report released 10/19/2016. The new target price indicates a possible upside of 0.08% based on the company's last stock close price.

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Yahoo! Inc. (NASDAQ:YHOO)

Yahoo! Inc. has a 52 week low of $26.15 and a 52 week high of $44.92 The company’s market cap is currently $0.

In addition to RBC Capital Markets reporting its target price, a total of 33 firms have reported on the stock. The consensus target price is $38.85 with 6 firms rating the stock a strong buy, 15 firms rating the stock a buy, 18 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.

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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