Global Equities lowers its PT on shares of Yahoo (YHOO +0.4%) - as well as slashing earnings...

|By:, SA News Editor

Global Equities lowers its PT on shares of Yahoo (YHOO +0.4%) - as well as slashing earnings estimates - now seeing the former high-flyer as a $12 stock. "Yahoo today is in much weaker position than before and the company fundamentals continue to deteriorate."