Yahoo Inc. rose after Barclays analysts raised their rating on the stock to ‘‘overweight’’ and increased their price target to $26. The bank says the value of the company’s minority stakes in Alibaba Group and Yahoo Japan are not fully reflected in the current stock price. As Google and Facebook emerged as Web giants, Yahoo struggled to distinguish itself; in July, one of Google’s top executives, Marissa Mayer, took over as chief executive of Yahoo — its seventh in less than five years.
Analysts raise their target price on Yahoo
March 05, 2013
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