Yahoo! Upgraded to “Overweight” by Barclays Capital (YHOO)
Barclays Capital upgraded shares of Yahoo! (NASDAQ: YHOO) from an equal weight rating to an overweight rating in a research note released on Monday morning. They currently have $26.00 price target on the stock, up from their previous price target of $22.00.
YHOO has been the subject of a number of other recent research reports. Analysts at TheStreet reiterated a buy rating on shares of Yahoo! in a research note to investors on Tuesday, February 19th. Separately, 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. Finally, 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.
Nine equities research analysts have rated the stock with a buy rating, twenty-two have assigned a hold rating, and one has given an underweight rating to the stock. The company presently has an average rating of overweight and an average price target of $22.12.
Yahoo! traded down 0.65% on Monday, hitting $22.80. Yahoo! has a 1-year low of $14.39 and a 1-year high of $23.08. The stock’s 50-day moving average is currently $20.61. The company has a market cap of $26.638 billion and a price-to-earnings ratio of 7.00.
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