Yahoo! Inc. (NASDAQ:YHOO) reported earnings yesterday after the market closed. Wall Street loves them. The stock is trading at $29.51, +2.63 (9.79%). While the stock is trading sharply higher, a major target and possible top is now within easy reach. The level to watch here is the 2008 high at $30.25. This can be seen in the chart below. ...
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Yahoo! Could Go to $100 Under Scott Thompson's Guidance
One analyst has a very interesting prediction for the future of Yahoo!.
Trip Chowdhry, Managing Director of Equity Research at Global Equities Research, believes that the company – which currently trades in the $16 range – could go to $100 under the guidance of its new chief executive, Scott Thompson.