Other research analysts also recently issued reports about the company. Zacks Investment Research upgraded Investar from a “hold” rating to a “buy” rating and set a $27.00 price objective for the company in a research note on Tuesday, June 4th. ValuEngine cut Valero Energy from a “hold” rating to a “sell” rating in a research note on Wednesday, May 8th. Finally, JPMorgan Chase & Co. decreased their price target on Realogy from $14.00 to $12.00 and set an “underweight” rating for the company in a research note on Thursday, April 4th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $96.50.
AABA traded down $0.10 during trading on Friday, reaching $70.26. 3,740,941 shares of the company were exchanged, compared to its average volume of 4,273,165. The business’s 50 day moving average price is $67.35. Altaba has a 52 week low of $54.75 and a 52 week high of $79.18.
Altaba Inc operates as a non-diversified, closed-end management investment company in the United States. Its assets consist primarily of equity investments, short-term debt investments, and cash. The company was formerly known as Yahoo! Inc and changed its name to Altaba Inc in June 2017. Altaba Inc was founded in 1994 and is based in New York, New York.
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