Marvin Fong

Shares of MercadoLibre Inc (NASDAQ:MELI) tanked in early trading on Wednesday after the company reported mixed fourth-quarter results. Here are the key analyst insights: Cantor Fitzgerald analyst Deepak Mathivanan reiterated an Overweight rating, while lowering the price target from $2,750 to $2,...

Etsy Inc's (NYSE:ETSY) Depop segment remains unprofitable, according to BTIG. The Etsy Analyst: Analyst Marvin Fong reiterated a Buy rating, while cutting the price target from $81 to $74. The Etsy Thesis: Although the stock remains undervalued, investors are in a wait-and-watch mode "to see how...

Shares of Carvana Co (NYSE:CVNA) continued to slide after the company on Wednesday reported its third-quarter results. Here are some key analyst takeaways: Needham analyst Chris Pierce maintained a Buy rating and price target of $500. BTIG analyst Marvin Fong reiterated a Buy rating and price...

Etsy, Inc. (NASDAQ: ETSY) shares were trading lower Thursday, despite the company reporting a third-quarter earnings and sales beat Wednesday.  One sell-side analyst said Thursday that COVID-19 has materially accelerated the platform’s total addressable market into the ...

Following a 94-percent year-to-date gain, shares of MercadoLibre Inc (NASDAQ: MELI) seem appropriately valued, with balanced risk-reward, according to BTIG. The Analyst Marvin Fong downgraded MercadoLibre from Buy to Neutral.  The Thesis While the fintech business seemed hugely...

The fintech industry is booming in Latin America, and one analyst sees a winner in Mercadolibre Inc (NASDAQ: MELI). The Rating BTIG analyst Marvin Fong maintained a Buy rating on MercadoLibre and raised his price target from $395 to $410. The Thesis By BTIG’s assessment, the fintech company...

Etsy Inc (NASDAQ: ETSY) may be one of few online players that has "gotten the best of Amazon.com, Inc. (NASDAQ: AMZN)," according to BTIG Research.  The Analyst  Analyst Marvin Fong initiated coverage of Etsy with a Buy rating and $59 price target. The Thesis...

Close on the heels of Tractor Supply Company (NASDAQ: TSCO) reducing its full-year outlook, BTIG downgraded the stock from Buy to Neutral, citing "sustained weakness." Following the downbeat guidance and downgrade, the stock tanked more than 14 percent in pre-market trading. In the last four...