UPDATE: Jefferies Raises PT to $20 on Yahoo! on Gradual Improvement

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

Jefferies reiterated its Hold rating on Yahoo! (NASDAQ: YHOO) and raised the price target from $18.00 to $20.00. Jefferies commented, "While we think Yahoo! has a decent set of under-monetized assets, we still reiterate our Hold rating while raising our PT to $20. Yahoo! is relatively cheap on an SOP basis, but this only loosely factors in required reinvestment to grow the business, and timing for the sale of the remaining Asian assets."Yahoo! closed at $20.31 on Monday.

20-Year Pro Trader Reveals His "MoneyLine"

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