RBC Capital Downgrades Yahoo! To Sector Perform, Shares Slip

Analysts at RBC Capital downgraded Yahoo! YHOO from Outperform to Sector Perform. The target price for Yahoo! is set to $44. Yahoo! shares have surged 21.77% over the past 52 weeks, while the S&P 500 index has gained 17.64% in the same period. YHYahoo! shares fell 0.78% to $39.57 in pre-market trading.
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Posted In: DowngradesAnalyst RatingsRBC Capital
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