Yahoo! Shares Get a Downgrade

Shares of Yahoo! are in focus on Monday following a downgrade by the team at Pivotal Research.
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Shares of Yahoo (YHOO) are in focus on Monday following a downgrade by analysts. The team at Pivotal Research cut the stock to HOLD from BUY. The analysts said potential buyers of Yahoo's core assets undoubtedly have plans that would attempt to reverse the decline in market share. But, they still believe the bids will reflect more conservative and realistic expectations. Pivotal says their model continues to value the core business at $3.5 billion, excluding cash. The analysts kept a price target of $41 a share.