Yahoo (YHOO) +2.2% premarket after Stifel Nicolaus says the likelihood of a buyout has increased...
Yahoo (YHOO) +2.2% premarket after Stifel Nicolaus says the likelihood of a buyout has increased to 80%, upgrading shares to Buy from Hold with an $18 target price. The erosion in fundamentals, along with pressure from activist shareholders, has prioritized the outright sale of the company over the option to remain independent, the analysis says.
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