Nomura Upgrades Yahoo! To Buy

Analysts at Nomura upgraded Yahoo!

from Neutral to Buy. The price target for Yahoo! has been raised from $40.00 to $57.00. Yahoo! shares have gained 40.84% over the past 52 weeks, while the S&P 500 index has surged 12.58% in the same period. Yahoo! shares rose 0.67%to $46.16 in pre-market trading.