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A Bull, A Bear And Another Analyze Netflix's Earnings
Thursday, July 16, 2015 - 8:19am | 667Read More...Netflix, Inc. (NASDAQ: NFLX) reported its second quarter results after Wednesday's trading session. Shares closed Wednesday at $98.13 and were trading higher by 11 percent in Thursday's pre-market session. Here is what some of Wall Street's top analysts are saying. Morgan...
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Why Yahoo's Marissa Mayer Gets A 'C' Rating After Her 3-Year Mark
Wednesday, July 15, 2015 - 10:12am | 361Read More...In a report published Wednesday, SunTrust Robinson Humphrey analyst Bob Peck discussed why it is "natural" for investors to begin gauging the successes and failures of Yahoo! Inc. (NASDAQ: YHOO)'s CEO Marissa Mayer at her three-year anniversary. "Marissa Mayer's strategy...
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Twitter Spikes 8+ Percent On Fake Takeover Report; Bob Peck Weighs In
Tuesday, July 14, 2015 - 3:05pm | 390Read More...Shares of Twitter Inc (NYSE: TWTR) spiked Tuesday afternoon by more than 8 percent on a fake report that the company has received a takeover bid. Bob Peck, SunTrust managing director, was on CNBC to discuss why he thinks that the report was a mere rumor and the company is not currently a...
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Does Wall Street Wear FitBit?
Monday, July 13, 2015 - 3:04pm | 719Read More...Many Wall Street analysts initiated coverage of Fitbit Inc (NYSE: FIT) on Monday. Here is a highlight of some of the more notable initiations. SunTrust: ‘Only The FITest Survive' Bob Peck of SunTrust Robinson Humphrey initiated coverage of Fitbit with a Buy rating and $50 price...
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Why Is Fitbit Better Than Apple Watch? SunTrust's Bob Peck Explains
Monday, July 13, 2015 - 1:13pm | 355Read More...Bob Peck, SunTrust Robinson Humphrey Internet equity analyst, initiated coverage on wearables maker Fitbit Inc (NYSE: FIT) with a Buy rating on Monday. Peck was on CNBC to explain the reasons behind the Buy rating. Reasons To Buy "We like the story for a couple of different...
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Morgan Stanley, SunTrust Initiate Fitbit With Positive Notes
Monday, July 13, 2015 - 8:18am | 360Read More...Analysts at Morgan Stanley and SunTrust Robinson Humphrey initiated coverage on Fitbit Inc (NYSE: FIT) with Equal-Weight and Buy ratings, respectively. Each firm was optimistic of Fitbit's fundamentals and potential for international growth; however, the two differed in their expectations...
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Why Did Zillow's CFO Just Resign?
Friday, July 10, 2015 - 8:48am | 289Read More...Zillow Group Inc (NASDAQ: Z) on Thursday announced its Chief Financial Officer Chad Cohen will resign from the company effective August 7. Cohen has been with the company since 2006 and was named CFO in 2011. In a report published Friday, SunTrust Robinson Humphrey analyst Bob Peck suggested that...
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Twitter's 'Brain Drain' Is A Problem
Monday, June 29, 2015 - 9:36am | 340Read More...Twitter Inc (NYSE: TWTR) shares were trending down on Monday morning following a note from SunTrust that the social media company is at risk for a "brain drain." SunTrust analyst Bob Peck pointed to Friday's departure of Rishi Garg, the head of Twitter corporate development, as...
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Bob Peck On Netflix: 'Stock Split Doesn't Change Actual Valuation, Still An Expensive Stock'
Wednesday, June 24, 2015 - 11:44am | 341Read More...Netflix, Inc. (NASDAQ: NFLX) announced on Tuesday that it has approved a 7-for-1 stock split. Following this news, shares of the company surged in after-hours trading and opened strong on Wednesday to all-time highs. Although the market is cheering the stock split, a number of analysts...
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SunTrust's Top 5 Twitter CEO Candidates
Friday, June 19, 2015 - 12:25pm | 431Read More...Twitter Inc (NYSE: TWTR) shareholders are anxiously awaiting the announcement of the company’s next CEO while the social media company’s stock has plummeted 24.4 percent in the past three months. With the rampant speculation about exactly who will succeed Dick Costolo, SunTrust...
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Bob Peck On Netflix: Opportunity Is There, But Staying On The Sidelines
Wednesday, June 10, 2015 - 2:07pm | 433Read More...Shares of Netflix, Inc. (NASDAQ: NFLX) gapped up at the opening on Wednesday to new all-time highs on back of a host of positive news, including shareholder’s approval of the company’s stock split, a partnership with Marriott International Inc (NASDAQ: MAR) and UBS Group AG (USA) (...
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Why This Top Analyst Sees ~$120B Market Opportunity For Alibaba
Wednesday, June 10, 2015 - 10:21am | 291Read More...In a report published Wednesday, SunTrust Robinson Humphreys analyst Bob Peck maintained a Buy rating and $110 price target on Alibaba Group Holding Ltd (NYSE: BABA). The analyst believes that the Aliyun business could contribute close to $1 billion in revenue by FY2018. "While Aliyun only accounts...
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Could LinkedIn Stock Hit $275? Bob Peck Thinks So
Saturday, June 6, 2015 - 11:43pm | 296Read More...In a report published Friday, SunTrust Humphrey Robinson analyst Robert S. Peck maintained a Buy rating on LinkedIn Corp (NYSE: LNKD), while raising the price target from $250 to $275. "LinkedIn has more than doubled its TAM since its IPO via continued investment in core technology and targeted...
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Twitter 'Fixable,' Says Sacco; Analyst Worries About Q2
Wednesday, June 3, 2015 - 3:52pm | 459Read More...Twitter Inc (NASDAQ: TWTR)'s woes are easy to fix, a prominent early investor in the social media giant said Wednesday. But a Wall Street analyst chimed in with warnings about the company's short-term outlook. Twitter traded recently at $36.91, up $0.51. Shares are off nearly 23 percent...
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Do Instagram Ads Make Facebook Stock A Buy?
Wednesday, June 3, 2015 - 3:21pm | 366Read More...Facebook Inc (NASDAQ: FB) recently announced that it will be opening up Instagram and its more than 300 million users to advertisers for the first time. But what does this new opportunity mean for Facebook’s shareholders, and does the announcement make Facebook’s stock a buy?...
