The Vetr crowd on Friday upgraded their rating for Yahoo! Inc. YHOO from 4 stars (Buy), which was issued 10 days ago, to 4.5 stars (Strong Buy). Crowd sentiment for Yahoo is also mostly positive, with 88 percent of Vetr user ratings positive.
Vetr's upgrade comes after Yahoo's announcement of a massive hack of user email accounts that occurred three years ago. This was the second major data breach from the company, this one affecting over 1 billion Yahoo email users. News of the hack also disrupted negotiations with Verizon Communications Inc. VZ to acquire the company.
Since the breach was announced, the stock has dropped nearly 6.5 percent, trading recently around $38.60.
See how crowdsourced ratings could help you time the market.
Currently, the Vetr crowd's average target price for the stock was up at $43.51, which is above the average analyst target price of $42.77. More than 2 percent of Vetr users are holding YHOO in their watch lists.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.