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Actionable news in YNDX: Yandex N.V.,

Yandex Shares Upgraded To Buy At Goldman

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According to Goldman Sachs’ Alexander Balakhnin, although Yandex NV YNDX is currently trading at a discount on a growth-adjusted basis to its global peers, there is potential for 31 percent upside.

The analyst upgraded the rating on the company to Buy, while raising the price target from $15.50 to $19.90.

Performing Well

Balakhnin mentioned that Yandex has performed largely in line with MSCI...