Michael Morris

Twitter Inc (NYSE: TWTR) shares made a strong comeback in 2018, ending the year with nearly a 20-percent advance and outperforming social media peers. The short-messaging platform has built on the gains with a 14.4-percent advance in the first quarter of 2019. That's smaller than Facebook,...

The analysts covering Netflix Inc. (NASDAQ; NFLX) stock this week are much like a big family trying to figure out what to watch on the streaming service. Some are leaning strongly Bull (Durham) and a few are vociferously arguing for (Paddington) Bear. In between, there's some romance...

Facebook, Inc. (NASDAQ: FB) investors appear to have gained "comfort" with the multiple content and privacy concerns, Guggenheim says in a new note. The Analyst Guggenheim Partners' Michael Morris upgraded Facebook from Neutral to Buy with a price target lifted from $175 to $200. The...

Guggenheim turned incrementally bullish on Roku Inc (NASDAQ: ROKU) in early March but since then the firm identified multiple concerns. The Analyst Guggenheim Partners' Michael Morris downgraded Roku from Buy to Neutral with a price target lowered from $77 to $72. The Thesis Since early March,...

Guggenheim restarted coverage of the new Fox Corp. (NASDAQ: FOXA) with a bullish stance on the TV network company’s prospects for growth as much as the rest of the television world fractures in the face of streaming. The Analyst Guggenheim’s Michael Morris resumed coverage of Fox with a...

The streaming video space will become more crowded in the near-term, and Roku Inc (NASDAQ: ROKU) is well-positioned to directly benefit from the growing trend, according to Guggenheim. The Analyst Analyst Michael Morris maintained a Buy rating on Roku's stock with a price target lifted...

CBS Corporation (NYSE: CBS) provided updated guidance, reflecting combined direct-to-consumer subscribers of 25 million by 2022, high-single-digit revenue CAGR over the next three years and strong content investment in the first half of 2019. Moreover, around 70 percent of the company’s...

Snap Inc (NYSE: SNAP) reported fourth-quarter results Feb. 5 that generated "incremental enthusiasm," but three key questions remain regarding the sustainability of the social media platform's long-term growth, according to Guggenheim. The Analyst Guggenheim Partners...

Spotify Technology SA (NYSE: SPOT) posted an unexpected profit for its Q4 and forecast Q1'19 revenues in line with the consensus. The company also announced a couple of deals in the podcast marketplace. The Analysts Morgan Stanley's Benjamin Swinburne maintained an Overweight rating on...

Snap Inc (NYSE: SNAP) reported fourth-quarter results that came in better than expected and daily active users of 186 million marks stabilization from the prior quarter. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Morgan Stanley's Brian...

Streaming music platform Spotify Technology SA (NYSE: SPOT) has seen its stock fall around 40 percent from highs near $200 per share and is fairly valued, according to Guggenheim. The Analyst Analyst Michael Morris downgraded Spotify from Buy to Neutral with a price target lowered...

Roku Inc (NASDAQ: ROKU) sold off Tuesday after TechNode reported that TCL, the company's Chinese supplier of Roku-equipped TVs, is shifting its focus toward semiconductors and displays. Investors assumed the report is a sign Roku will lose a major partner. At least two Street...

Snap Inc (NYSE: SNAP) started 2018 with virtually the same valuation as Twitter Inc (NYSE: TWTR). Fast forward to December and both stocks have gone in opposite directions with Twitter worth nearly four times the value of Snap, but one analyst says the company may be regaining its swagger. The...

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) boasts a favorable combination of intellectual property and financial resources that positions its well to grow over the longer term above current expectations, according to Guggenheim. The Analyst Guggenheim Partners' Michael Morris initiated...