Credit Suisse analyst Stephen Ju maintained a Hold rating on Altaba Inc (NASDAQ: AABA) today and set a price target of $82. The company’s shares closed yesterday at $75.61.
According to TipRanks.com, Ju is a top 100 analyst with an average return of 23.3% and a 75.9% success rate. Ju covers the Technology sector, focusing on stocks such as Activision Blizzard, Alphabet Inc, and Mercadolibre.
Currently, the analyst consensus on Altaba Inc is a Moderate Buy with an average price target of $86.50.
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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 7.76M.
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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.
