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Oppenheimer Expects Conclusion To Yahoo Sale Process In The Coming Weeks
Tuesday, July 19, 2016 - 11:04am | 302Read More...Yahoo! Inc. (NASDAQ: YHOO) reported better-than-expected EBITDA for 2Q, driven by higher margins due to headcount reductions. Oppenheimer’s Jason Helfstein reiterated an Outperform rating on the company, with a price target of $49. 2Q Results “While Mavens growth slowed, the company...
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Oppenheimer Believes U.S. Subscriber Growth For Netflix Still At Risk In Q3
Tuesday, July 19, 2016 - 10:42am | 408Read More...Oppenheimer said Netflix, Inc. (NASDAQ: NFLX)'s third-quarter U.S. subscriber guidance is at risk due to the impact of price changes and increased churn in the second quarter, which are likely to continue in the rest of the year. Guidance U.S. net additions guidance of 300 thousand was...
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Oppenheimer Thinks Alibaba SEC Probe Already Priced In
Thursday, May 26, 2016 - 12:16pm | 359Read More...The market may not have known about the SEC’s investigation of Alibaba Group Holding Ltd (NYSE: BABA) until the company’s recent disclosure, but the market may very well have priced in the issues a long time ago. According to Oppenheimer analyst Jason Helfstein, the elements of...
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Oppenheimer: 4 Near-Team TubeMogul Catalysts
Friday, May 20, 2016 - 9:03am | 207Read More...TubeMogul Inc (NASDAQ: TUBE) recently hosted its Analyst Day, during which it organized product demonstrations, and provided details on client behavior and the recent integration with Facebook video inventory. Oppenheimer’s Jason Helfstein maintained an Outperform rating for the company,...
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Oppenheimer Boosts Yahoo's Target: Alibaba Gains And Core Sale Valuation Responsible
Wednesday, April 20, 2016 - 10:16am | 324Read More...Oppenheimer’s Jason Helfstein mentioned that although growth at Mavens has been slowing, Yahoo! Inc. (NASDAQ: YHOO) appears to be executing on its plan to “simplify products, reduce costs, and focus on higher margin ad-tech solutions.” Helfstein maintained an Outperform rating...
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Oppenheimer: Facebook Still Worth $130
Wednesday, March 16, 2016 - 10:31am | 235Read More...Oppenheimer’s Jason Helfstein maintained an Outperform rating on Facebook Inc (NASDAQ: FB), with a price target of $130, stating that Instagram revenues are set to expand in the near future. Marketing agency checks have revealed that more advertisers are launching ad campaigns on...
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Analysts Cautious On Twitter, But See Value In Management's Vision
Thursday, February 11, 2016 - 3:01pm | 562Read More...Twitter Inc (NYSE: TWTR) has had a tough week, spiking on Tuesday and Wednesday morning following a mixed bag of fourth-quarter results. The company beat Wall Street’s expectations for revenue, skidding to a $710 million finish against $709.9 million estimates. The company also exceeded...
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Oppenheimer Downgrades GrubHub To Perform Amid 'Competition Concerns'
Friday, February 5, 2016 - 10:21am | 294Read More...Shares of GrubHub Inc (NYSE: GRUB) have declined 28.92 percent over the past six months, reaching a low of $18.34 on January 28. Oppenheimer’s Jason Helfstein has downgraded the rating on the company from Outperform to Perform. Helfstein believes that there could be downside risk to...
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Oppenheimer Maintains Outperform, $225 Target On Baidu Following Recent China Visit
Wednesday, January 13, 2016 - 2:41pm | 242Read More...Oppenheimer issued a report on Baidu Inc. (NASDAQ: BIDU) amid market turmoil in China and following a visit by analysts. The firm rates Baidu as Outperform with a $225 price target. Analysts Jason Helfstein and Bo Pang wrote, "As the No.1 search engine in China, BIDU benefits from the...
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Oppenheimer: Buy Netflix On Weakness, Stock Worth $130
Wednesday, January 6, 2016 - 11:15am | 298Read More...The share price of Netflix, Inc. (NASDAQ: NFLX) soared 132.04 percent through 2015, reaching a high of $130.93. on December 4. Oppenheimer’s Jason Helfstein has maintained an Outperform rating on the company, with a price target of $130. Despite the 17 percent decline in the share...
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Do Analysts Like Pandora's Rdio Acquisition?
Tuesday, November 17, 2015 - 12:42pm | 521Read More...Shares of Pandora Media Inc (NYSE: P) have fallen sharply from its 52-week high of $22.60 in early October and are now lower by nearly 35 percent over the past month. Pandora said it will pay $75 million to acquire the assets of bankrupt Rdio. Axiom's Victor Anthony suggested that...
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Wall Street, Bob Peck At Odds Over Pandora
Friday, October 23, 2015 - 11:21am | 735Read More...Shares of Pandora Media Inc (NYSE: P) plunged to a new 52-week low on Friday of $11.50 and is now lower by nearly 45 percent from a year ago. Pandora reported an in-line third quarter, but lowered its full year revenue and EBITDA guidance and also announced a $90 million settlement....
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35 Stock Ideas Oppenheimer Analysts Love Right Now
Saturday, October 17, 2015 - 10:11pm | 1463Read More...Oppenheimer just released its 35 top stock ideas for October and November. Here’s a rundown of the full list with analyst commentary included. 1. Turtle Beach Corp (NASDAQ: HEAR) Analyst Sean McGowan sees two drivers of the stock: the “resurgence in video games” and the rollout of...
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Google Upgraded At Oppenheimer, Firm Sees $700 Sum-Of-Parts
Friday, October 2, 2015 - 10:27am | 280Read More...Google Inc (NASDAQ: GOOGL) shares are down 2 percent in the last one month, and have been hovering around the $600 mark since September 28. Oppenheimer’s Jason Helfstein upgraded the rating on the company from Perform to Outperform, while raising the price target from $670 to $700....
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Oppenheimer: Buy Netflix Ahead Of Apple Event
Wednesday, September 9, 2015 - 9:35am | 441Read More...Netflix, Inc. (NASDAQ: NFLX) shares are down 20 percent in the past five trading sessions. Oppenheimer's Jason Helfstein reiterated the firm's Outperform rating on Netflix ahead of Wednesday's Apple Inc. (NASDAQ: AAPL) event. Netflix has a "significant" first-...
