Yahoo! Inc. (YHOO) Message Board
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Jefferies & Co. reiterates a Buy recommendation and a $21 PT on Yahoo!
Jefferies & Co. Internet analyst Youssef Squali this morning reiterates a Buy recommendation and a $21 price target on shares of Yahoo! (YHOO), noting that the company’s 35% owernship of Yahoo! Japan gives it “indirect exposure to the Japanese stock market.”
Squali sees the company’s stated intention to “monetize” the Yahoo! Japan holding as being more difficult given the tumult.
But the company could do a tax-free spin-off of shares to Yahoo! investors, in the form of a American Depository Receipts, which would be easier to carry out than an outright sale, he thinks.
Yahoo! shares today are down 24 cents, or 1.4%, at $16.09.
http://blogs.barrons.com/techtraderdaily/2011/03/16/yahoo-japan-assets-trickier-to-monetize-says-jefferies/?mod=yahoobarronsThis topic is deleted.-
This is what Yahoo will trade at unless they sell some Asian assets or get taken out. $21's not bad from $16. I'm in.
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"Take a downer hotmodel. I don't have aliases like you."
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LOL!!!!
Ummmm, yeah, sure. Kinda like the U.S. Mint has no dimes.
Say Hello to ColdDick for me, is he OK??
ROTFLMAO!!! -
I bought 10,000 shares at an average of $16.03 today. I have to say average because some maniac insists that I didn't buy today. There are some very weird people on this site. I think a fair value for Yahoo is close to $28.
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Yahoo will trade above the PT of $21 later this year.
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