UPDATE: Oppenheimer Raises PT on Yahoo! on Good 4Q Alibaba Results
May 21, 2013 at 11:03 AM EDT
In a report published Tuesday, Oppenheimer analyst Jason Helfstein reiterated an Outperform rating on Yahoo! (NASDAQ: YHOO ), and raised the price target from $27.00 to $30.00. In the report, Oppenheimer noted, “Following better than expected 4Q Alibaba results, a 12-month extension of the MSFT Search Guarantee and the Tumblr
