TheStreet restated their buy rating on shares of Yahoo! (NASDAQ: YHOO) in a research note issued to investors on Wednesday, Analyst Ratings Network.com reports.
“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 solid stock price performance, compelling growth in net income, notable return on equity, reasonable valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.,” the firm’s analyst commented.
A number of other firms have also recently commented on YHOO. Analysts at Goldman Sachs reiterated a conviction-buy rating on shares of Yahoo! in a research note to investors on Thursday, May 30th. They now have a $30.00 price target on the stock. Separately, analysts at Zacks reiterated an outperform rating on shares of Yahoo! in a research note to investors on Friday, May 24th. They now have a $31.00 price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated a market perform rating on shares of Yahoo! in a research note to investors on Friday, May 24th. They now have a $30.00 price target on the stock.
Nineteen investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. Yahoo! presently has a consensus rating of Hold and a consensus price target of $25.87.
Shares of Yahoo! (NASDAQ: YHOO) traded up 1.45% during mid-day trading on Wednesday, hitting $26.59. Yahoo! has a 52 week low of $14.59 and a 52 week high of $24.99. The stock’s 50-day moving average is currently $23.2. The company has a market cap of $28.787 billion and a P/E ratio of 7.61.
Yahoo! Inc. (NASDAQ: YHOO), is a digital media company.
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