Lehman upgrades Yahoo rating to ¡§ Buy¡¨

Lehman Brothers has upgraded the largest Internet media, Yahoo¡¦s rating to ¡§Buy¡¨, 12-month, target price was set at US$20.Lehman said that Yahoo¡¦s earnings went down, but inner management team had been adjusted and its share price was down over 70% from the its top, so it was time to jump back into the stock because estimates are finally low enough and the valuation of the stock is much more reasonable.

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