Stock Update: Citigroup Inc. (NYSE:C) – Yahoo!: Citi Cuts Estimates, Raises Target; Alibaba All that Matters Now

December 17, 2013 at 12:48 PM EST

[at Barrons.com] – Citigroup’s Mark May this morning reiterated a Buy rating on shares of Yahoo! (YHOO), and hikes his price target to $46 from $39, after cutting estimates to assume higher capital . . . → Read More: Stock Update: Citigroup Inc. (NYSE:C) – Yahoo!: Citi Cuts Estimates, Raises Target; Alibaba All that Matters Now Similar posts: Citigroup Inc. (NYSE:C) – [video] Goldman cuts Citi to ‘neutral’ Stock Update: Morgan Stanley (NYSE:MS) – Denmark’s ISS aims for March 2014 stock market debut-sources Goldman cuts stake in LEG Immobilien after share sale – The Goldman Sachs Group Inc.(NYSE:GS)

Citigroup Inc. (NYSE:C) [at Barrons.com] – Citigroup’s Mark May this morning reiterated a Buy rating on shares of Yahoo! (YHOO), and hikes his price target to $46 from $39, after cutting estimates to assume higher capital expenses, but raising his valuation of the company’s 24% stake in Alibaba Group Holding, the Chinese e-commerce giant that is expected to go public eventually. May’s is the latest in a spate of notes offering higher estimates for Alibaba, and for Yahoo! as a consequence, following a report … [visit site to read more]