Altaba Inc Receives a Buy from Oppenheimer


In a report released yesterday, Jason Helfstein from Oppenheimer maintained a Buy rating on Altaba Inc (NASDAQ: AABA). The company’s shares closed yesterday at $75.61.

According to TipRanks.com, Helfstein is a top 100 analyst with an average return of 20.5% and a 69.1% success rate. Helfstein covers the Technology sector, focusing on stocks such as Endurance International, ANGI Homeservices Inc, and IAC/InterActiveCorp.

Altaba Inc has an analyst consensus of Moderate Buy, with a price target consensus of $91.33.

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The company has a one-year high of $82.45 and a one-year low of $54.59. Currently, Altaba Inc has an average volume of 7.74M.

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Altaba, Inc. is an independent, non-diversified, closed-end management investment company. It has an objective of seeking to track the combined investment return of the Alibaba Shares and the Yahoo Japan Shares it owns. The company was founded on June 19, 2017 and is headquartered in New York.

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