Analysts Impressed By Yahoo’s Improved Focus But …

Report card

Yahoo (NSDQ: YHOO) CEO Carol Bartz started off her company’s Investors Day Wednesday by addressing what she said were the top questions analysts wanted answers to. In their follow-up reports today, analysts say they were pleased with the responses Bartz and other top Yahoo execs gave, as well as the company’s forecast for a possible return to double-digit growth. Of course, they still have some doubts. A sampling of the commentary, after the jump.

Sandeep Aggarwal, Caris & Company: “In our view, it is the first time in many years (that) Yahoo is picking-up rhythm in business and Yahoo story sounds more cohesive and compelling. We believe that Yahoo was able to show not only how it is staying relevant with constantly evolving Internet (mobile, social, local, and video) but also what all it is doing to increase (its) base of 600mm uniques and users engagement. ”

Ben Schachter, Broadpoint AmTech: “Overall, YHOO

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