Scalper1 News
Yahoo (YHOO) got price target cuts from at least two investment banks Wednesday after the Web portal’s Q1 miss late Tuesday showed, in the words of one analyst, that “severe competitive/structural challenges” remain. Yahoo’s revenue guidance also missed, though Q1 display-ad revenue beat Wall Street’s estimates. The company also cheered some investors when it said it was studying what to do with its Yahoo Japan holdings. Yahoo stock was down 1% in Scalper1 News
Scalper1 News