Yahoo! Rises on Upgrade

By TSC Staff ,

Yahoo! (YHOO) was up 1.6% in early trading after SG Cowen upgraded the Web portal to neutral from sell this morning, citing better-than-expected online advertising sales.

The brokerage expects Yahoo! to meet second-quarter estimates and have better visibility into the second half of the year.

Also today, Yahoo! announced it will offer product ratings and buying guides from

Consumer Reports

to supplement its popular shopping service.

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