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18 Internet Stocks And What To Do With Them
Wednesday, April 11, 2018 - 3:13pm | 993Read More...Monness Crespi Hardt updated its coverage of 18 popular internet stocks. The firm has mixed reviews of the space, and its commentary and ratings suggest investors should be careful in choosing their internet portfolios these days. Here’s a rundown of what Monness Crespi Hardt analysts had to...
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Why One Analyst Is Incrementally More Bullish On His Top Pick: PayPal
Thursday, July 13, 2017 - 10:20am | 480Read More...Monness Crespi Hardt analyst James Cakmak is now the most bullish Paypal Holdings Inc (NASDAQ: PYPL) analyst on the Street, reiterating a Buy rating and upping his price target from $54 to $70. The firm’s “top idea for 2017” has an average price target across analysts of around $...
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Snapchat Finally Gets A 'Buy' From The Sell Side
Monday, March 20, 2017 - 1:22pm | 431Read More...Snap Inc (NYSE: SNAP) has finally won over its first sell-side analyst. After a plethora of Sell and Hold initiations, analysts at Monness Crespi Hardt initiated coverage of Snapchat's parent company with a Buy rating and $25 price target. According to the analysts, initiation of the very new...
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Monness Crespi Hardt Downgrades Facebook Citing Diminishing Upside
Thursday, July 28, 2016 - 10:24am | 340Read More...Facebook Inc (NASDAQ: FB) its Q2 results significantly ahead of expectations. Monness Crespi Hardt’s James Cakmak downgraded the rating on the company from Buy to Neutral, saying there seemed to be “diminishing upside to revenue prospects during our projection horizon.”...
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Shopify Soars After Bullish Analyst Notes
Wednesday, June 29, 2016 - 5:49pm | 190Read More...Shares of Shopify Inc (NYSE: SHOP) rose 6 percent after Monness Crespi Hardt initiated coverage with a Buy rating and a $35 price target. Analyst James Cakmak sees "further widening of the competitive moat, if not a takeout" in Shopify down the line. Salesforce.com, inc. (NYSE: CRM)...
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US Stock Futures Signal Lower Start On Wall Street
Tuesday, August 11, 2015 - 7:43am | 442Read More...Pre-open movers US stock futures traded lower in early pre-market trade. Data on productivity and costs for the second quarter will be released at 8:30 a.m. ET, while wholesale inventories data for June will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average dipped 98.5...
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Concerned About Facebook's Ad Revenue Growth Slowing Down? This Analyst Says You Shouldn't Be
Thursday, July 30, 2015 - 3:08pm | 323Read More...Although Facebook Inc (NASDAQ: FB) reported second-quarter numbers above expectations, investors sent the company's shares lower on Thursday fearing increase in expenses and slower growth in ad revenue going forward. According to James Cakmak, Internet Equity Research Analyst at...
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Finish Line Worth $34/Share Now, Monness Crespi Hardt Says
Monday, June 29, 2015 - 10:23am | 212Read More...In a report published Monday, Monness Crespi Hardt analysts maintained a Buy rating on Finish Line Inc (NASDAQ: FINL), while raising the price target from $29 to $34, after the company reported a solid 1Q beat. Finish Line reported its 1QFY15 EPS at $0.30, beating the Street estimate of $0.24....
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How Is Apple Slowly Working Towards Ending Google's Search Dominance?
Tuesday, June 9, 2015 - 2:46pm | 361Read More...James Cakmak from Monness Crespi Hardt recently wrote a report in which he argued that Apple Inc. (NASDAQ: AAPL) is working on improving search functionality on its own platform, which could pose as a threat to search leader Google Inc (NASDAQ: GOOGL). Cakmak was on CNBC recently to shed some...
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Monness Crespi Hardt Initiates Fidelity National Financial With Buy
Monday, March 9, 2015 - 8:46am | 69Read More...Analysts at Monness Crespi Hardt initiated coverage on Fidelity National Financial, Inc. (NYSE: FNF) with a Buy rating. The target price for Fidelity National Financial is set to $43. Fidelity National Financial shares have gained 32.58% over the past 52 weeks, while the S&P 500 index has...
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Monness Crespi Hardt: GrubHub Shares 'Not Cheap,' But a Buy
Monday, February 2, 2015 - 9:40am | 181Read More...Monness, Crespi, Hardt & Co. initiated coverage on GrubHub Inc (NYSE: GRUB) with a Buy and a $42 price target. The analysts see GrubHub as an early player in the $50 billion food delivery and takeout market. GrubHub, with $2.3 billion in revenue, has just 5 percent penetration, providing...
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UPDATE: Monness Crespi Hardt Downgrades Monsanto
Tuesday, December 2, 2014 - 1:12pm | 222Read More...Chris Shaw of Monness Crespi Hardt downgraded Monsanto Company (NYSE: MON) on Tuesday to Neutral from Buy with a price target lowered to $127 from a previous $140. "We are downgrading Monsanto from Buy to Neutral, due to the findings from our seventh Annual Seed Dealer Survey, which came...
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UPDATE: Monness Crespi Hardt & Co Initiates Coverage On AOL
Monday, December 1, 2014 - 2:38pm | 259Read More...Monness Crespi Hardt & Co initiated coverage on AOL, Inc. (NYSE: AOL) Monday with a Buy rating and $67 price target. Analyst James Cakmak observed that over “the last five years since the spinoff from Time Warner, AOL has uniquely positioned itself to maximize exposure to the fastest...
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Monness Crespi Hardt Initiates AOL With Buy
Monday, December 1, 2014 - 9:32am | 60Read More...Analysts at Monness Crespi Hardt initiated coverage on shares of AOL (NYSE: AOL) with a Buy rating. The target price for AOL is set to $67. AOL shares have gained 1.79% over the past 52 weeks, while the S&P 500 index has surged 14.81% in the same period. AOL's shares fell 0.22% to close at $...
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Analyst Says Amazon 'Should Worry More About Making Money Than Growing' In Wake Of Jabong Rumor
Friday, November 28, 2014 - 9:24am | 492Read More...Few analysts had heard about Jabong.com (an online fashion retailer) until a rumor claimed that Amazon.com, Inc. (NASDAQ: AMZN) was interested in acquiring the firm. VCCircle recently reported that the merger was inching closer and could be worth as much as $1.2 billion. Three analysts (who...
