Altaba (NASDAQ:AABA) Upgraded at BidaskClub
Other analysts have also recently issued research reports about the stock. ValuEngine upgraded shares of Altaba from a hold rating to a buy rating in a research note on Thursday, April 25th. Zacks Investment Research upgraded shares of Altaba from a strong sell rating to a hold rating in a research note on Tuesday, June 4th. Finally, JPMorgan Chase & Co. cut shares of Altaba from an overweight rating to a neutral rating and cut their target price for the stock from $84.00 to $78.00 in a research note on Thursday, April 4th. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Altaba presently has a consensus rating of Hold and an average target price of $91.67.
Shares of AABA stock opened at $70.60 on Friday. The company has a fifty day moving average price of $65.55. Altaba has a one year low of $54.75 and a one year high of $79.18.
Altaba Company Profile
Altaba Inc operates as a non-diversified, closed-end management investment company in the United States. Its assets consist primarily of equity investments, short-term debt investments, and cash. The company was formerly known as Yahoo! Inc and changed its name to Altaba Inc in June 2017. Altaba Inc was founded in 1994 and is based in New York, New York.
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