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Yahoo (YHOO) Stock Slips, BMO Raises Price Target

NEW YORK (TheStreet) -- Shares of Yahoo (YHOO) are falling 0.42% to $37.79 this morning, as analysts at BMO Capital Markets lifted their price target on the stock to $39 from $38.

The firm has a "neutral" rating on the Sunnydale, CA-based digital media company.

Yahoo reported 2016 second quarter earnings after the market close yesterday, with earnings per share of 9 cents on revenue of $1.31 billion. Analysts were looking for earnings of 10 cents per share on revenue of $1.08 billion.

BMO noted that the company did not update investors on the long-awaited sale of the company's core business, but that "all news reports...