-
Canaccord: Google Is A Buy Because Of Non-Search Growth, Valuation
Thursday, May 28, 2015 - 10:04am | 239Read More...In a report published Thursday, Canaccord analyst Michael Graham maintained his Buy rating and $650 price target on Google Inc (NASDAQ: GOOG). The stock has decline about 4.5 percent over the past 12 months, as compared to the 11 percent rise in the S&P. The underperformance of Google's...
-
Street Still Likes LinkedIn, But Is Cutting Price Targets After Earnings
Monday, May 4, 2015 - 10:15am | 522Read More...LinkedIn Corp (NYSE: LNKD) only slightly beat its first quarter 2015 earnings expectations, which were reported the prior evening. Following the report, LinkedIn shares plunged nearly 19 percent due to the lackluster earnings forecast for the next quarter and full year. LinkedIn provided...
-
Zillow's Plummet Explained: Trulia Sales Force Got Distracted By Merger Process
Wednesday, April 15, 2015 - 1:28pm | 371Read More...Shares of Zillow Group Inc (NASDAQ: Z) plummeted more than 12 percent during early trading on Tuesday, but made a recovery during the rest of the trading day to close the day down only 1.38 percent from previous close. The reason for the slump has been attributed to the disappointing 2015 outlook...
-
Canaccord Sees Pandora Media Q1 Meet Or Beat
Monday, March 30, 2015 - 4:55pm | 251Read More...Pandora Media Inc (NYSE: P) may redeem itself in the eyes of investors with solid first-quarter results, an analyst said Monday. The Internet radio service closed at $16.39, up 0.43 percent, and has yet to fully recover from a 20 percent plunge in its stock price after missing fourth-quarter...
-
Analyst: LinkedIn 'Fans' Drive Stock To Challenging Level
Thursday, March 12, 2015 - 3:04pm | 274Read More...LinkedIn Corp (NYSE: LNKD) is a "fan favorite" among a certain set of investors that have driven its share price up to "challenging levels" an analyst said Thursday. The company is up more than 30 percent in the past year, and changed hands recently at $266.30, up $1.38....
-
Canaccord Met With Twitter Management: Here's What Happened
Monday, March 9, 2015 - 12:04pm | 326Read More...Canaccord commented on Twitter Inc (NYSE: TWTR) Monday following meetings with management. The firm maintained a Buy rating and $56 price target. Analyst Michael Graham believed the stock was "mid-way through a process of winning back investors after a rough end to 2014." According...
-
UPDATE: Canaccord Initiates Coverage On Zulily
Friday, October 17, 2014 - 12:25pm | 191Read More...Canaccord initiated a Buy rating and $45 price target on Zulily Inc (NASDAQ: ZU) in a report issued Friday. Analysts led by Michael Graham believed that "zulily is early with its unique value proposition to the affluent but value-conscious mom. [The company] has turned shopping...
-
Deutsche Bank: eBay Could Attract Buyers, Activists
Thursday, October 16, 2014 - 2:03pm | 445Read More...EBay Inc (NASDAQ: EBAY) and its PayPal unit each face rising headwinds and might attract buyout artists and activist shareholders, an analyst said Thursday. But "worse is better" in the view of Deutsche Bank's Ross Sandler, who said once the PayPal spin off is completed in the...
-
Analyst Round Up On Pandora
Friday, July 25, 2014 - 3:24pm | 286Read More...Pandora Media (NYSE: P) reported Q2 2014 earnings Thursday, releasing an EPS of $0.04 compared to analysts estimates of $0.03 and revenue of $218.90 million compared to consensus estimate of $218.51 million. Following its earnings, multiple sell-side analysts released coverage on the company...
-
Analysts Debate: Is Amazon The 'Prophet Of No Profit'?
Friday, July 25, 2014 - 11:51am | 438Read More...Another quarterly report for Amazon (NASDAQ: AMZN), another sell-off. Shares were off more than 10 percent Friday after the company posted a net loss wider than expectations. Similar sell-offs accompanied reports in April and January, when Slate.com dubbed Amazon CEO Jeff Bezos "The...
-
Facebook Lays To Rest Old Worries About Mobile Strategy
Thursday, July 24, 2014 - 4:04pm | 347Read More...Facebook (NASDAQ: FB) has largely laid to rest worries about its strategy for mobile computing that were among investors' biggest worry at its 2012 stock market launch. For its recent quarter, mobile ad revenue grew 153 percent to $1.66 billion or 62 percent of ad revenue, compared with...
-
Canaccord Comments On Facebook Following Q2 Earnings
Thursday, July 24, 2014 - 1:43pm | 142Read More...In a report published Thursday, Canaccord analyst Michael Graham stated that Facebook's (NASDAQ: FB) second-quarter earnings report confirmed that the company is still in the early stages of monetizing its user base. From a bullish side Graham noted that the 123 percent year-over-year...
-
Facebook Higher On Another 'Beat And Raise,' Analysts Boost Estimates
Thursday, July 24, 2014 - 12:00pm | 233Read More...Facebook (NASDAQ: FB) shares opened sharply higher Thursday on another "beat and raise" quarter and analysts boosted their forecasts. "The company is still very early in monetizing its user base" that includes 20 percent of the word's population," Canaccord's...
-
Angie's List Shares Tumble On Weak Q2, Outlook; Analysts Slash Estimates
Thursday, July 24, 2014 - 11:37am | 258Read More...Angie's List (NASDAQ: ANGI) shares opened sharply lower Thursday on disappointing results and a weak outlook, as analysts trimmed estimates and expressed skepticism. Shares are down more than 20 percent. Although the company added 210,000 new members in the second quarter, the growth rate...
-
7 Analysts Split On eBay's Q2 And Outlook
Thursday, July 17, 2014 - 3:59pm | 407Read More...eBay's (NASDAQ: EBAY) glass is a little more than half-full in the aggregate view of more than a half-dozen analysts Thursday. Although many trimmed their targets on the basis of management's guidance Wednesday; the company's second-quarter earnings and conference call changed...



