Yahoo! Gets Boost From Becker
Yahoo! (YHOO) was up 11.8% in late morning, a day after Lehman Brothers analyst Holly Becker said in a newspaper interview that the stock is poised to rise.
The New York Times
on Sunday quoted Becker as saying that Yahoo! represents a "buying opportunity" after falling 40% in the past month.
"The traffic on the site, the brand and platform itself are all extremely compelling,'' Becker said of the Internet media company. "Next year will be a much better year."
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