Scott Moritz
12/11/09 - 12:11 PM EST
NEW YORK (TheStreet) -- Yahoo! (YHOO Quote) got a sympathy vote after
a pathetic year in turnaround purgatory.
Arguing that Yahoo's business isn't deteriorating as fast as investors
might fear, Kaufman Brothers analyst Aaron Kessler upgraded the stock
Friday to a buy from neutral.
Display advertising is a bright spot for Yahoo, says Kessler. CEO
Carol Bartz's comments at Tuesday's UBS Global Media and
Communications Conference indicates that there has been "improvement
in display demand and pricing in the fourth quarter," Kessler writes.
Click here for a gratuitous mention of Tiger Woods:
http://www.thestreet.com/story/10644051/1/yahoo-upgrade-slowing-slump.html