Yahoo: Kaufman Upgrades; Sees Display Ads, Search Improving

Kaufman Bros. analyst Aaron Kessler this morning lifted his rating on Yahoo (YHOO) to Buy from Hold, inching up his price target to $20, from $19.

Kessler cited four reasons for the upgrade:

  • Checks and company comments indicate firming in display ads.
  • Checks with search engine marketers find Yahoo search performance in Q4 tracking much better than ComScore (SCOR) data indicate.
  • Regulatory approval of Microsoft (MSFT) deal in in early 2010 could serve as a catalyst.

Read the rest of this post on the original site

Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »