Yahoo! Inc. (YHOO) was reiterated a ‘Buy’ by MKM Partners analysts on Wednesday. The broker also raised its price target on the stock to $44 from $43. The name was also raised to $39 from $34 at Nomura and to $40 from $31 at Piper Jeffraey.
Shares of the $35.90 billion market cap struggling web portal are down 18.65% year-over-year ; up 9.23% year-to-date.
Yahoo! Inc., currently with a median Street price target of $38.00 and a high target of $51.00, rose $1.59 to $37.92 in recent trading.
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Facebook, Inc. (FB) was reiterated as ‘Outperform’ with $137 from $125 price target on Wednesday by Raymond James.
Facebook has gained $0.12 to $112.41 in midday trading today. The name currently prints a one year return of 35.14% and a year-to-date return of 7.29%.
FB earnings are scheduled for next week, April 27.
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VMware, Inc. (VMW) rating of ‘Buy’ was reiterated today at Drexel Hamilton with a price target increase of $77 from $71 (versus a $51.46 previous close). The name was also raised to $55 from $52 at BMO Capital Markets.
VMware Inc. recently traded at $58.89, a gain of $7.43 over Tuesday’s closing price. The name has a current market capitalization of $24.95 billion.
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Shares of Visa Inc. (V) are up $0.58 at $81.33 in midday trading. Sun Trust Rbsn Humphrey this morning raised its price target on the shares to $100 from $85, and reiterated a ‘Buy’ rating.
Visa recently traded at $81.47, a gain of $0.72 over Tuesday’s closing price. The name has a current market value of $195.65 billion.
As for passive income investors, the company pays shareholders $0.56 per share annually in dividends, yielding 0.70%. Five year average dividend yield currently stands at 0.67%.
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