Thursday, December 1, 2011

Yahoo! (YHOO) (WU) (YUM) (ABVT) (ADBE) (AGN) Ratings, Price Targets

Yahoo! Inc. (YHOO), The Western Union Company (WU), Yum! Brands, Inc. (YUM), AboveNet Inc (ABVT), Adobe Systems (ADBE) and Allergan, Inc. (AGN) ratings and price targets.

Piper Jaffray (NYSE:PJC) initiated coverage on The Western Union Company (WU). They placed a “Neutral” rating and a price target of $19.00 on the company.

Jefferies (NYSE:JEF) reiterated its “Buy” rating on Yahoo! Inc. (YHOO).

Bank of America (NYSE:BAC) raised its price target on Yum! Brands, Inc. (YUM) to $67.00.

Piper Jaffray initiated coverage on AboveNet Inc (ABVT). They placed an “Overweight” rating and a price target of $72.00 on the company.

Brigantine downgraded Adobe Systems (ADBE) from a “Hold” rating to a “Sell” rating. They have a price target of $23.00 on the company.

Argus upgraded Allergan, Inc. (AGN) from a “Hold” rating to a “Buy” rating. They have a price target of $95.00 on the company.

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