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Yahoo! Inc. (YHOO) Message Board

  • nusaiba nusaiba Jul 18, 2013 1:26 PM Flag

    BGC Partners downgraded Yahoo! (NASDAQ: YHOO) from Buy to Hold with a price target of $21.00

    BGC Partners downgraded Yahoo! (NASDAQ: YHOO) from Buy to Hold with a price target of $21.00. Analyst Colin Gillis noted growth issues with the company's core business revenue and said realignment of the sales team under COO Henrique De Castro will likely negatively impact display revenue near-term, although it may bear fruit longer-term.

 
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