AI
Friday, May 30, 2003 10:20:32 AM
YHOO Yahoo! lower following Avondale note (29.59 -0.56)
Stock a notable laggard in early trade despite solid gains by the broader market. Potentially weighing on stock is an Avondale Partners initiation of coverage at Mkt Underperform with a $21 price target. While firm believes fundamentals of the Internet media group are solid and improving, firm can not get comfortable with YHOO's premium valuation relative to similar sized media peers.
well if the market decides to take profits this might bring YHOO down later ...flip a coin
from briefing.com
Stock a notable laggard in early trade despite solid gains by the broader market. Potentially weighing on stock is an Avondale Partners initiation of coverage at Mkt Underperform with a $21 price target. While firm believes fundamentals of the Internet media group are solid and improving, firm can not get comfortable with YHOO's premium valuation relative to similar sized media peers.
well if the market decides to take profits this might bring YHOO down later ...flip a coin
from briefing.com
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