UPDATE: Oppenheimer Raises Price Target on Yahoo Due to Upside
July 17, 2013 at 16:11 PM EDT
In a report published on Tuesday, Oppenheimer analyst Jason Helfstein raised the price target on Yahoo (NASDAQ: YHOO ) from $30 to $33 and maintained an Outperform rating on the stock. In the report Oppenheimer commented, "While YHOO provided 3Q/FY EBITDA guidance modestly below expectations, we expect the shares