Yahoo (YHOO) is reiterated a Conviction Buy at Goldman as it doubles its estimate of Alibaba's...

|By:, SA News Editor

Yahoo (YHOO) is reiterated a Conviction Buy at Goldman as it doubles its estimate of Alibaba's valuation to $70B. The stock's price target is lifted to $30 from $27. Cantor Fitzgerald ups its price target to $30 from $26. Shares are slumbering premarket.