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jimmybob

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jimmybob

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Monday, 06/30/2014 7:37:23 AM

Monday, June 30, 2014 7:37:23 AM

Post# of 3328
Yahoo upgraded to Overweight from Neutral at Piper Jaffray
Piper Jaffray analyst Gene Munster upgraded his rating on Yahoo (YHOO) shares to Overweight from Neutral saying the company's stake in Alibaba is undervalued at current levels. Munster expects shares to move higher as Alibaba's initial public offering nears. He raised his price target for Yahoo shares to $43 from $37. The stock closed Friday up 59c to $34.25

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