UPDATE: JP Morgan Raises PT to $22 on Yahoo! on Better 2013 Outlook Than Expected
JP Morgan reiterated its Neutral rating on Yahoo! (NASDAQ: YHOO ) and raised the price target from $19.00 to $22.00. JP Morgan noted, "Yahoo!'s 4Q12 results and outlook were mixed overall, but given low expectations for the core business and a much heavier buyback pace than expected, we believe Yahoo!