Sign Of Boredom - Yacrosoft Speculation Resumes

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Bear Stearns, trying to deflect attention from its own woes, re-sparked Yacrosoft speculation, after it was re-sparked last May. Bear Stearns analyst Robert Peck wrote in a letter to clients that he thinks Microsoft "continues to evaluate Yahoo as a target," and that a potential bid could fetch a $50 per share price tag - currently double Yahoo's current share price. Bear set a price target of $30 per share on its latest Yahoo report.
Yahoo (Nasdaq: YHOO) is up more than 5% today at $23.96 a share.
UPDATE 2-RESEARCH ALERT-Bear Stearns names Yahoo as top pick [Reuters via DealBook]

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