Goldman Sachs reinstated its buy rating on the Internet giant in a note.
"We believe the value of Yahoo's balance sheet assets and the core business are worth more than the current stock price," wrote Goldman, which has a $22 price target on the stock.
In another note,
Cantor Fitzgerald analyst Youssef Squali wrote that "
Sirius XM (SIRI) was the most active premarket Nasdaq stock, gaining 0.4% to reach $2.51 on share volume of 125,851. Shares of Apple (AAPL) also enjoyed a modest premarket gain, rising 0.43% to $668.01 on share volume of 121,701. --Written by James Rogers in New York. Follow @jamesjrogers >To submit a news tip, send an email to: email@example.com
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