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Yahoo (YHOO) received a price target boost on Monday from an analyst at Axiom, who cited the rising share prices of Alibaba Group (BABA), Yahoo Japan and Yahoo spinoff Hortonworks (HDP). Axiom increased its price target on Yahoo stock to 41 from 39. The company announced its price target increase after an investor call with Amy Elliott, a tax specialist and attorney at Tax Notes who has followed Yahoo’s proposed spinoff of its remaining shares of Scalper1 News
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