Bank of America Maintains Buy Rating on Yahoo!
According to Bank of America, Yahoo! (NASDAQ: YHOO) Buy rating is reiterated.
Bank of America said that 4Q revenues/GAAP EPS at $1.17bn/$0.24 were below/in-line vs. Street at $1.19bn/ $0.24. “There was no inflection in results, Yahoo continues to lose share with little near-term turnaround potential.”
Yahoo! closed yesterday at $15.69.







