Evercore ISI Upgrades Yahoo! To Buy

Evercore ISI upgraded

from Hold to Buy. The price target for Yahoo! has been lowered from $59.00 to $55.00. Yahoo! shares have gained 21.44% over the past 52 weeks, while the S&P 500 index has surged 13.39% in the same period. Yahoo! shares rose 0.16% to $43.80 in pre-market trading.