GM Kills $10 Million Facebook Ad Campaign Because It Didn't Work
JCPenney's Ron Johnson: 'Customers Don't Get Our Pricing Strategy'Surprising as it may be, Banc of America has chosen yesterday -- a week after earnings results -- to resume its coverage of Yahoo!, Inc. (NASDAQ:YHOO) and Google, Inc. (NASDAQ:GOOG).
As for Yahoo!, the firm rates the company as a Buy with a target price of $34, believing in a positive long-term outlook.
Google is undervalued compared to its peers, the B of A said, rating the company as Buy with a $597 target price.
Banc of America also resumed coverage of eBay, Inc. (NASDAQ:EBAY) and Amazon.com, Inc. (NASDAQ:AMZN), both with a Buy rating and $40 and $45 traget prices respectively.
Other initiations included GSI Commerce Inc. (NASDAQ:GSIC) and WebMD Health Corp. (NASDAQ:WBMD). GSIC was initiated with a Buy and a $23 target price, WebMD with a Neutral and a $38 target price.
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Reader Comments (Page 1 of 1)
10-27-2006 @ 10:09AM
Nosy Rosy.... said...
I love it when analysts ( anal-list) issue buy ratings to their so called clients. Who are their clients? Why is it always made public for everyone to know? Who benefits? ( You buy-They sell)?
I can recall a time when a "buy" issued on stocks to the public by analysts; actually meant sell in private lol. Lets hope this is not the case this time around.