The Street -
19 Aug 2015 20:19
NEW YORK (TheStreet) -- Yahoo! 2015 earnings estimates were lowered to $0.18 from $0.37 per share at Cantor Fitzgerald, with 2016 earnings estimates cut to $0.31 from $0.43 per share. The firm maintained its "buy" rating and $56 price target on the stock. Cantor Fitzgerald noted that they lowered the price target to reflect their adjustment to Alibaba's price target to $95 from $110. Yahoo! announced plans earlier this year to spin off its stake in Alibaba into an independent investment compan...
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