(Reuters) – Yahoo Inc's plan to maintain a bigger-than-expected stake in e-commerce giant Alibaba after the Chinese firm's IPO brought about at the least seven brokerages to raise their stock worth objectives on the U.S. company. Shares of Yahoo had been set to open 3 percent larger after the company mentioned it was once selling much less of its 24 % stake in Alibaba Staff Retaining Ltd's planned preliminary public providing in 2014. Analysts predict Yahoo to take advantage of protecting a bigger stake in Alibaba, which said strong sales and profit increase within the 2d quarter. …
Analysts raise Yahoo price targets on Alibaba magic
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