Sanford C. Bernstein & Co. analysts want Yahoo! (YHOO) management to break-up the company, and believe that such a move would create a $39 price for shareholders. The stock now trades just above $27.
According to Bloomberg, Bernstein added that "selling Yahoo! to a buyer that will cut jobs and revamp the advertising and search businesses may lift company shares to $45."
Of course, Yahoo! could cut those jobs itself.
Douglas A. McIntyre