By: Benzinga
UPDATE: Bank of America Upgrades Yahoo! to Buy on Weaker Revenue Trends, Good Asset Value
In a report published Wednesday, Bank of America analyst Justin Post upgraded the rating on Yahoo! (NASDAQ: YHOO ) from Neutral to Buy, and raised the price target from $25.00 to $28.00. In the report, Post noted, “Yahoo reported weaker revenue trends with ex-TAC revenues at $1.08bn below our $1.11bn
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