Investing

Bernstein Calls For Yahoo! (YHOO) Break-Up

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

Sponsored: Find a Qualified Financial Advisor

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.