Notable Downgrades: Yahoo (YHOO), Alibaba (BABA), SanDisk (SNDK), Sirona Dental Systems (SIRO)

Yahoo! Inc. (YHOO) was reiterated a ‘Buy’ by MKM Partners analysts on Wednesday. The broker however, cut its price target on the stock to $43 from $53 noting uncertain macro-conditions for China and the resulting impact to Alibaba’s (BABA) valuation have been an anchor for web portal’s shares all year-to-date. On valuation measures, Yahoo! Inc. […] View the full post at: Notable Downgrades: Yahoo (YHOO), Alibaba (BABA), SanDisk (SNDK), Sirona Dental Systems (SIRO) Related posts: Alibaba Ready To Buy Back Yahoo Stake Microsoft Offered $1 Bln For Yahoo’s Search Business Yahoo Concludes Discussions with Microsoft