Analysts: Yahoo Turnaround Is Still Low and 3 More Research Notes to Read Up On

Yahoo (NASDAQ:YHOO): Topeka believes that higher user engagement statistics outlined by Yahoo CEO Marissa Mayer yesterday are encouraging and signal that the company is moving in the right direction. Regardless, the firm still has a low degree of conviction that the company can implement a successful turnaround, but it kept a Buy rating on the stock with a $32 price target.