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steviee

02/06/06 8:28 AM

#455143 RE: madrose1 #455140

Yahoo upgraded at Stifel Nicolaus (YHOO) By Tomi Kilgore
NEW YORK (MarketWatch) -- Yahoo (YHOO) was upgraded to buy from hold at Stifel Nicolaus, as Analyst Scott Devitt believes the stock's weakness over the last month has created "an attractive entry point." The Internet services company's stock closed Friday down 71 cents at $33.54, and had lost 23% since closing at a more than 5-year high of $43.42 on Jan. 9. "We would be opportunistic at current levels and would become aggressive buyers around $30 per share, all else being equal," said Analyst Scott Devitt. He initiated a $42 price target for the stock. The upgrade helped lift Yahoo shares by 36 cents, or 1.1%, at $33.90 in Instinet pre-open trading on Monday.