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Yahoo! Shines Through

Stock quotes in this article: YHOO , GOOG , MSFT , INTC  

About everything that could go right did go right for Yahoo! (YHOO Quote) in the third quarter.

Investors responded to Tuesday evening's earnings blowout by pushing the stock up more than 6% Wednesday. J.P. Morgan reiterated an overweight rating and $50 price target, while Goldman said the shares could trade as high as $44 based on so-called implied value modeling. SG Cowen predicted the shares would outperform the market by 20% over the next 12 months.

Yahoo!'s rise was doubly impressive, coming as it did on the heels of a mixed report from Intel (INTC Quote) that hit many of the big tech names Wednesday. At midday, Yahoo! was up $2.12 to $35.82. ...

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