UBS AG reiterated their buy rating on shares of Altaba Inc (NASDAQ:YHOO) in a report released on Friday morning, www.tipranks.com reports. UBS AG currently has a $77.00 target price on the stock.

Separately, MKM Partners restated a buy rating and set a $76.00 price target on shares of Altaba in a research report on Friday, September 1st.

TRADEMARK VIOLATION WARNING: This report was first published by Watch List News and is owned by of Watch List News. If you are accessing this report on another site, it was illegally stolen and republished in violation of international copyright laws. The original version of this report can be read at https://www.watchlistnews.com/ubs-ag-reaffirms-buy-rating-for-altaba-inc-yhoo/1586522.html.

Hedge funds have recently bought and sold shares of the stock. Guardian Life Insurance Co. of America lifted its holdings in Altaba by 0.7% in the first quarter. Guardian Life Insurance Co. of America now owns 3,386 shares of the company’s stock worth $157,000 after purchasing an additional 23 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in Altaba in the first quarter worth about $209,000. First Financial Equity Corporation acquired a new stake in Altaba in the first quarter worth about $216,000. Wellington Management Group LLP acquired a new stake in Altaba in the first quarter worth about $231,000. Finally, ZWJ Investment Counsel Inc. acquired a new stake in Altaba in the first quarter worth about $323,000.

About Altaba

Altaba Inc (the Fund), formerly Yahoo! Inc, is a non-diversified, closed-end management investment company. The Fund seeks to track the combined investment return of the Alibaba Shares and the Yahoo Japan Shares it owns. Alibaba Shares represent an approximate 15% equity interest in Alibaba Group Holding Limited (Alibaba), and its Yahoo Japan Corporation ((Yahoo Japa) Shares represent an approximate 36% equity interest in Yahoo Japan.

Receive News & Ratings for Altaba Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Altaba Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.