“Although Yahoo’s core performance remains underwhelming, we believe the likelihood of a strategic event (translation: buyout deal) justifies the risk reward,” says Ken Sena, analyst at Evercore Partners, who rates the stock as “overweight” with a price target of $18 a share. None of the 30 Wall Street analysts who follow Yahoo recommends dumping the stock. Twelve of them rate Yahoo as a buy and 18 recommend holding the stock.
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