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Yahoo! Rallies After Earnings

 

Updated from Oct. 8

Yahoo! (YHOO Quote) did its part to justify Wall Street's reviving faith in tech stocks, posting numbers that handily exceeded third-quarter targets.

The shares were surging Thursday morning, up $4.74, or 12%, to $43.53 after being upgraded to buy from hold at Deutsche Bank. The brokerage cited an acceleration in its branded advertising and search businesses. ...

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