Bank Of America Reports On YHOO's Analyst Day

Bank of America is maintaining its Buy rating and its $19 price target on Yahoo! Inc. YHOO following the company's recent Analyst Day. In the report, Bank of America writes, “Yahoo hosted its analyst day positioning company as a cross-platform digit media network with an improved technology infrastructure. To summarize, Yahoo seems to be differentiating itself as: 1) A place for premium, professional and personalized content with unique experiences, and 2) a full service ad platform for large advertisers offering unique branding capabilities at scale.” YHOO closed yesterday at $16.15.