Google boosters probably aren't feeling quite so lucky today.A day after Yahoo! ( YHOO)
Slabin raised estimates but kept his neutral rating on the stock, saying the upside surprise is already reflected in the higher stock price. Credit Suisse First Boston's Heath Terry, meanwhile, raised his 12-month price target on Yahoo! from $57 to $65. "While every revenue line outperformed, Marketing Services drove the bulk of the upside," wrote Terry. "Excluding acquisitions, marketing services growth was 48% y/y. We believe this is the result of a significant improvement in the traditional online advertising market, as well as continued growth in sponsored search." Terry has an outperform rating on the stock; his firm has done banking for Yahoo! in the past 12 months.