Mizuho Securities Initiates Yahoo! At Buy

Analysts at Mizuho Securities initiated coverage on Yahoo! Inc. YHOO with a Buy rating. The target price for Yahoo! is set to $51. Yahoo! shares have gained 19.91 percent over the past 52 weeks, while the S&P 500 index has surged 7.21 percent in the same period. Yahoo! shares fell 0.35 percent to $40.92 in pre-market trading.