Filed under: Deals, Engagements

More analysts are weighing in on Yahoo! Inc.’s (NASDAQ: YHOO) financial projections revealed yesterday, but they sound like a broken record.

Cowen & Co.’s James Friedland writes that the Internet company’s 2009 and 2010 revenue and earnings targets “offer a best case scenario that will be difficult to achieve.”

In his research note Jefferies & Co. analyst Youssef Squali says Yahoo!’s growth forecast is “aggressive,” — analyst speak for “ok, if they say so.” He also notes that the numbers, while not impossible to achieve, require a “leap of faith that’s difficult to make in the current environment.”

Continue reading at TechConfidential.com.

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This entry was posted on Tuesday, April 8th, 2008 at 8:10 pm and is filed under Engagements and Deals News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.