SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.50-1.9%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: dbblg who wrote (110171)10/11/2000 9:05:23 AM
From: H James Morris  Read Replies (1) of 164684
 
>NEW YORK, Oct 11 (Reuters) - Credit Suisse First Boston on Wednesday said analyst Jamie Kiggen started Internet media concern Yahoo Inc. <YHOO.O> with a hold rating and set a six-to-12 month price target of $100.

-- "Despite posting a high quality September quarter and beating consensus numbers, Yahoo!'s guidance continues to be cautious due to a challenging near-term business environment," the analyst wrote in a research note.

-- Yahoo!'s ultimate outperformance over time remains unchanged, but in the near-term the stock is likely to perform in line with the broader tech sector, Kiggen wrote.

-- "Our $100 target still suggests good upside potential if the stock settles at a level significantly lower than yesterday's close," she wrote. "So investors should view our Hold rating as one under daily review."

-- Shares of Yahoo Wednesday closed at $82-11/16 before the company announced earnings.

07:52 10-11-00
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext