-
BMO Says Facebook Is 'A Core Holding,' Raises Price Target To $145
Thursday, July 28, 2016 - 10:04am | 400Read More...Facebook Inc (NASDAQ: FB) reported robust 2Q16 results, with key metrics ahead of expectations. BMO Capital’s Daniel Salmon maintains a Market Perform rating on the company, while raising the price target from $120 to $145. Beat Quarter Facebook reported its non-GAAP EPS for 2Q16 at $0.97,...
-
Netflix Begins Breaking Out Original Programming In Financial Statements
Wednesday, July 27, 2016 - 2:42pm | 339Read More...For the first time ever, Netflix, Inc. (NASDAQ: NFLX) provided investors with a breakdown of its produced content and licensed content assets in the notes to the consolidated financial statements in its 10-Q release dated July 19, 2016. Produced content includes Netflix's library of original...
-
Could Netflix Be An Acquisition Target?
Tuesday, July 19, 2016 - 2:02pm | 307Read More...The lower-than-expected subscriber numbers from Netflix, Inc. 1(NASDAQ: NFLX) coupled with deceleration of near-term subscriber trends may trigger the M&A question from investors, with Apple Inc. (NASDAQ: AAPL) rumored as a potential suitor. But, analysts at BMO said it is unlikely. "We don't...
-
The Biggest News From Yahoo's Earnings Report Was The Lack Of News On The Core Sale
Tuesday, July 19, 2016 - 11:46am | 366Read More...BMO Capital’s Daniel Salmon mentioned that Yahoo! Inc. (NASDAQ: YHOO) reported its 2Q16 ex-TAC revenue ahead of the estimate and in line with the consensus, although the non-GAAP EPS came in below expectations. Salmon maintained a Buy rating on the company, while raising the price target...
-
BMO Thinks Investors Should Be 'Pleased' With Google's Anvato Acquisition
Monday, July 11, 2016 - 3:44pm | 457Read More...BMO said investors should be "pleased" with the acquisition of Anvato by Google, owned by Alphabet Inc (NASDAQ: GOOGL). Anvato provides a software platform that fully automates the encoding, editing, publishing and secure distribution of video content across multiple platforms. The...
-
Do You Need To Bet On Twitter After Microsoft-LinkedIn Deal? BMO Provides Insight
Tuesday, June 14, 2016 - 3:05pm | 537Read More...Shares of Twitter Inc (NYSE: TWTR) continued its rally on Tuesday after investors were optimistic that Microsoft Corporation (NASDAQ: MSFT)'s $26.2 billion agreement to buy LinkedIn Corp (NYSE: LNKD) may trigger another deal in the social media space. 'Sympathetic' Twitter But, BMO said Twitter is...
-
Time To Buy Amazon And eBay?
Wednesday, March 2, 2016 - 10:35am | 453Read More...BMO Capital Markets’ Daniel Salmon initiated coverage of Amazon.com, Inc. (NASDAQ: AMZN) with an Outperform rating and a price target of $700. He also initiated coverage of eBay Inc (NASDAQ: EBAY) with a Market Perform rating and a price target of $26. Amazon Analyst Daniel Salmon...
-
BMO Drastically Slashes Twitter Targets, But Still Sees 20% Upside
Thursday, February 11, 2016 - 11:24am | 362Read More...Shares of Twitter Inc (NYSE: TWTR) have plummeted 69 percent in the last year and are trading near their 52-week low of $14.31. BMO Capital Markets’ Daniel Salmon maintained a Market Perform rating on the company, while reducing the price target from $32 to $18. Salmon recommends...
-
BMO Cuts Twitter Target, Didn't Expect Guidance Miss
Wednesday, October 28, 2015 - 10:53am | 293Read More...Twitter Inc (NYSE: TWTR) shares have declined 33.45 percent over the past six months, from a high of $42.27 on April 28. BMO Capital’s Daniel Salmon has maintained a Market Perform rating on the company, while lowering the price target from $34 to $32. Salmon expressed...
-
10 Netflix Analysts React To Company's Controversial Earnings Release
Thursday, October 15, 2015 - 12:06pm | 1229Read More...Shares of Netflix, Inc. (NASDAQ: NFLX) initially plunged more than 14 percent following its third quarter results. The stock briefly recovered on Wednesday, but were lower by 8 percent mid-Thursday morning. Analysts were mixed following the earnings report. Shares of Netflix initially...
-
BMO Capital Raises Google PT To $770, Says It's 'More Of A Value Stock'
Friday, July 17, 2015 - 2:58pm | 408Read More...Daniel Salmon, BMO Capital Markets equity research analyst, was on CNBC Friday to discuss Google Inc (NASDAQ: GOOGL) (NASDAQ: GOOG)'s exceptional performance in the second quarter and where the stock goes from here. Here is what he said. Controlling Costs "Well, I think the story at...
-
What Has Wall Street Been Saying About Google?
Thursday, July 16, 2015 - 12:03pm | 921Read More...Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) is scheduled to report its second quarter results after Thursday's close. Estimize, the crowd-sourcing earnings and economic platform, is predicting Google will earn $6.77 per share in the second quarter (based on 126 estimates) on revenue of $14....
-
BMO Upgrades Google To Outperform, Firm Confident In Upcoming Quarters
Thursday, July 16, 2015 - 7:28am | 202Read More...In a report published Thursday, BMO Capital analyst Daniel Salmon upgraded the rating on Google Inc (NASDAQ: GOOG) from Market Perform to Outperform, while raising the price target from $570 to $670. The analyst expressed confidence in the company's performance in future quarters, driven by...
-
BMO Analysts Met With TubeMogul; Here's What Happened
Thursday, March 12, 2015 - 7:22am | 295Read More...BMO Capital markets commented on TubeMogul Inc (NASDAQ: TUBE) Wednesday following a meeting with management. The firm maintained an Outperform rating and $20 price target. Analyst Daniel Salmon commented that there was "no new incremental information," however, and analyst expected...
-
Yahoo Earnings Miss Gets A Pass, According To BMO Capital
Wednesday, July 16, 2014 - 9:03am | 153Read More...Yahoo (NASDAQ: YHOO) shares have been steadily selling off since the company announced a disappointing second quarter. BMO Capital analyst Daniel Salmon commented on the report. Despite top and bottom line misses, Salmon noted a silver lining: Yahoo was able to negotiate down the number of...











