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Here's What Wall Street Thinks About Facebook's Big Earnings Beat
Thursday, January 31, 2019 - 11:04am | 927Read More...Facebook, Inc. (NASDAQ: FB) reported record profit in its fourth-quarter results while daily active user metrics grew in all geographic regions. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Bank Of America's Justin Post maintains a Buy...
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After 'Sluggish' Q4 Print From eBay, Sell-Side More Focused On 'The Elephant In The Room'
Wednesday, January 30, 2019 - 1:34pm | 764Read More...E-commerce company eBay Inc (NASDAQ: EBAY) reported fourth-quarter results Tuesday, days after activist investor Elliott Management announced a stake of more than 4 percent. Here's how the Street reacted. The Analysts Barclays' Ross Sandler maintains an Overweight rating on...
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GrubHub Has Long Runway For Growth, Raymond James Says
Wednesday, January 16, 2019 - 2:02pm | 342Read More...The latest food delivery survey and analysis of third-party data from the food delivery market indicate GrubHub Inc (NYSE: GRUB) continues to enjoy the position of a market leader, according to Raymond James. The Analyst Raymond James’ Aaron Kessler maintains a Market Perform rating on...
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A Black Friday Recap: Holiday Season 'Off To A Mixed Start'
Monday, November 26, 2018 - 1:38pm | 613Read More...Online Black Friday sales increased over 23 percent year-over-year, CNBC reported, citing data from Adobe Analytics. Small Business Saturday was set to reach $3 billion in sales, while Cyber Monday is expected to produce a new record of $7.8 billion, an 18-percent increase from 2017. Raymond James...
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Analysts See Hope For Embattled Blue Apron After Q3 Sales Miss
Monday, November 19, 2018 - 5:40pm | 483Read More...Blue Apron Holdings Inc (NYSE: APRN) shares are nearing 52-week lows after the meal kit service reported a third-quarter sales miss last week. The subscription service is undergoing a restructuring and has announced a 4-percent headcount reduction and a focus on specific...
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Twitter Flies After Q3 Earnings; Analysts Weigh In On What To Do With The Stock
Friday, October 26, 2018 - 3:42pm | 779Read More...Twitter Inc (NYSE: TWTR) reported Thursday a top-and-bottom-line beat in its third-quarter results, but certain user metrics fell short of expectations. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Goldman Sachs' Heath Terry maintains a Buy...
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The Street Debates Alphabet's Q3: Buy The Dip Or Sell Into Weakness?
Friday, October 26, 2018 - 1:44pm | 848Read More...Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) reported Thursday its third-quarter results, which resulted in an immediate 5 percent sell-off. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts BMO Capital Markets' Daniel Salmon maintains a Market...
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Raymond James Cuts Alibaba Price Target On Currency Weakness, But Stock Remains Top Large-Cap Pick
Thursday, August 16, 2018 - 12:00pm | 438Read More...The U.S. dollar has firmed up in recent months amid geopolitical tensions and a divergence in monetary policy between the U.S. and the rest of the major global central banks, both of which have ratcheted up the appeal of safe havens such as the dollar. An unintended victim of the...
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Raymond James Upgrades Twitter After Q1 Earnings Beat
Thursday, April 26, 2018 - 2:06pm | 327Read More...Twitter Inc (NYSE: TWTR) reported first quarter results in which the positives outnumber the negatives so a bearish stance on the stock no longer applies, according to Raymond James. The Analyst Raymond James' Aaron Kessler upgraded Twitter from Underperform to Market Perform with no...
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Analyst: Snap Isn't A Camera Company Or A Social Media Platform, It's Just A Chat App
Friday, January 12, 2018 - 11:35am | 390Read More...Snap Inc (NYSE: SNAP) took another hit on Friday after yet another Wall Street analyst came out bearish on the stock. The Analyst Raymond James analyst Aaron Kessler downgraded Snap from Market Perform to Underperform. The Thesis According to Kessler, there are five major problems with Snap...
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Bananas, Eggs, Salmon And Kale Among The Many Items Now Cheaper At Whole Foods
Monday, August 28, 2017 - 1:32pm | 439Read More...Consumers walking into a Whole Foods Market, Inc. (NASDAQ: WFM) store will begin to see quite a few changes, as Amazon.com, Inc. (NASDAQ: AMZN)'s ownership of the grocery store was completed Monday. Many everyday food items are now selling at cheaper price points, CNBC reported. For example,...
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The Sell-Side Weighs In On Blue Apron
Monday, July 24, 2017 - 6:35pm | 739Read More...Blue Apron Holdings Inc (NYSE: APRN) shares jumped 13 percent on Monday after a number of its IPO underwriters weighed in on the stock for the first time following the expiration of the mandatory post-IPO quiet period. Here’s a rundown of what Wall Street had to say about Blue Apron. Barclays...
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Amazon Hit With A Rare Downgrade: Raymond James Moves From Outperform To Market Perform
Tuesday, April 25, 2017 - 9:30am | 397Read More...While many analysts and experts are predicting Amazon.com, Inc. (NASDAQ: AMZN) will boast a $1 trillion valuation, analysts at Raymond James are taking a step back. Raymond James' Aaron Kessler downgraded shares of Amazon from Outperform to Market Perform while removing a $925 price target under...
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Twitter Upgraded At RayJ: Why So Bullish?
Tuesday, February 23, 2016 - 10:09am | 266Read More...Raymond James' Aaron Kessler has upgraded the rating on Twitter Inc (NYSE: TWTR) from Market Perform to Outperform, with a price target of $25. Kessler believes that the risk/reward on the stock is attractive and that although investor sentiment is still negative, execution on monetization...
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Watch Google's 'Other Bets' Category When It Reports Earnings
Friday, January 29, 2016 - 10:38am | 339Read More...Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) shares have appreciated 38.08 percent over the past one year, reaching a high of $793.96 on December 29. Raymond James’ Aaron Kessler has maintained an Outperform rating on the company, with a price target of $790. Kessler expects...
















