Analysts: Buy Yahoo on Alibaba IPO Potential and 3 Other Research Notes to Peruse

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Yahoo (NASDAQ:YHOO):┬áStifel raised its target on Yahoo to $41 from $33 to reflect updates in the valuation of the company’s Alibaba stake as the latter prepares to launch a U.S. IPO. The firm believes that Yahoo could distribute its Alibaba stake to Yahoo shareholders tax efficiently. Such a development would lead Stifel to increase its Yahoo price target by another $7. Stifel recommends buying Yahoo’s stock.

YHOO 20131008

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business