Wall Street Adjusts Price Targets for Yahoo! Following Q1 Earnings, +5.1% Avg

Wall Street firms have adjusted their price targets for shares of Yahoo! YHOO following the company's first quarter results

• Pivotal -- from $36 to $38, +5.5%, Maintains Hold
• FBN -- $45 to $46, +2.2%, Outperform
• Susquehanna -- from $39 to $42, +7.6%, Neutral
• Evercore -- from $39 to $42, +7.6%, Equalweight
• B. Riley & Co. -- from $39 to $46, +17.9%, Buy
• Cantor -- from $40 to $42, +5%, Buy
• Bernstein -- from $44 to $47, +6.8, Outperform

• CRT -- from $47 to $45, -4.2%, Maintains Buy

The average price target change was +5.1 percent.