Yandex N.V. Message Board

STOCKTALK

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 : Yandex N.V.

YNDX 18.94

0.0%

Mar 5 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: zax	7/5/2012 3:48:56 PM
	of 78

Yandex Climbs to Five-Week High on Bank of America’s Buy Rating By Halia Pavliva - Jul 5, 2012 11:33 AM CT bloomberg.com (YNDX), Russia’s most-used Internet search engine, jumped to the highest level in five weeks in New York after Bank of America Corp. recommended investors buy the stock. The Hague, Netherlands-based company that is listed on the Nasdaq Stock Exchange, climbed 3.4 percent to $19.91 by 12:07 p.m. in New York, heading to the highest level since May 31. Bank of America revised its earlier neutral recommendation on Yandex stock, according to an e-mailed report today. “We expect strong second-quarter 2012 numbers from Yandex at the end of July -- giving investors some comfort on margins and top-line growth,” Mariya Kahn, an analyst at Bank of America in Singapore, wrote in the report. To contact the reporter on this story: Halia Pavliva in New York at hpavliva@bloomberg.net To contact the editor responsible for this story: Tal Barak Harif at tbarak@bloomberg.net

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next