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Enter Symbol:
Rating: YHOO
up 25.00 %

Yahoo Inc (NASDAQ: YHOO) downgraded to Neutral by Citigroup

Wednesday,  Dec 9, 2015  12:25 PM ET by Dave Ficere

Citigroup downgraded Yahoo Inc (NASDAQ: YHOO) to Neutral. Previously Citigroup rated Buy Yahoo Inc (NASDAQ: YHOO) on 07/10/2013, when the
stock price was $26.92. Since then, Yahoo Inc's stock price has gained 25% as of 12/09/2015's recent price of $33.78.
If you would have followed the previous Citigroup's recommendation on YHOO, you would have gained 25% of your investment in 882 days.

Yahoo! Inc. is a global Internet communications, commerce and media company that offers a comprehensive branded network of services. As one of the first online navigational guides to the World Wide Web, Yahoo! is one of the leading guides in terms of traffic, advertising, and household and business user reach. The company also provides online business and enterprise services designed to enhance the productivity and Web presence of Yahoo!'s clients.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.

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