Market Overview

UPDATE: Morgan Stanley Raises PT to $19 on Yahoo! Following Q4 Report

Related YHOO
SAC Capital Announce Largest Holding in Yahoo
Zillow & Trulia Announce $3.5 Billion Deal; Peer Stocks In Play
The Zillow-Trulia Tie-Up is Less Exciting than You Think (Fox Business)

Morgan Stanley reiterated its Equal-weight rating on Yahoo! (NASDAQ: YHOO) and raised the price target from $17.00 to $19.00.

Morgan Stanley said, "Yahoo!'s net search revenue accelerated against a tougher comp and grew 14% Y/Y, helped by an 11% rise in paid clicks; revenue continued to benefit from the MSFT RPS guarantee which expires in March. Display revenue declined 5% Y/Y. We nudge our 12-month PT to $19."

Yahoo! closed at $20.31 on Monday.

Posted-In: Morgan StanleyAnalyst Color Price Target Analyst Ratings

 

Most Popular

Related Articles (YHOO)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters