http://www.americanbankingnews.com/getthestreet reissued their buy rating on shares of Yahoo! (NASDAQ: YHOO) in a research report released on Tuesday morning.
“Yahoo (YHOO) has been reiterated by TheStreet Ratings as a buy with a ratings score of B- . The company’s strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.”
,” the firm’s analyst wrote.
Shares of Yahoo! traded down 0.36% during mid-day trading on Tuesday, hitting $20.845. Yahoo! has a 52 week low of $14.35 and a 52 week high of $21.45. The stock’s 50-day moving average is currently $20.0. The company has a market cap of $24.354 billion and a P/E ratio of 6.38.
A number of other analysts have also recently weighed in on YHOO. Analysts at Morgan Stanley raised their price target on shares of Yahoo! from $19.00 to $21.00 in a research note to investors on Friday, February 15th. They now have an equal weight rating on the stock. Separately, analysts at Zacks reiterated a neutral rating on shares of Yahoo! in a research note to investors on Thursday, February 14th. They now have a $22.00 price target on the stock. Finally, analysts at Pivotal Research upgraded shares of Yahoo! from a hold rating to a buy rating in a research note to investors on Thursday, February 7th. They now have a $23.00 price target on the stock.
Eight analysts have rated the stock with a buy rating, twenty-three have issued a hold rating, and one has issued an underweight rating to the stock. The stock has an average rating of hold and an average target price of $21.92.
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