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Mobile To Continue To Hurt TripAdvisor, Wells Fargo Says
Friday, August 5, 2016 - 10:22am | 364Read More...Tripadvisor Inc (NASDAQ: TRIP) reported its 2Q revenue short of expectations. Although headwinds related to TripAdvisor’s transition to Instant Bookings [IB] would likely ease going ahead, mobile related pressure are expected to continue, Wells Fargo’s Peter Stabler said in a report. He...
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Wells Fargo Believes Marketer Participation On Facebook Is Now Compulsory
Thursday, July 28, 2016 - 9:49am | 308Read More...Facebook Inc’s (NASDAQ: FB) 2Q results reflect that the company’s unparalleled audience scale, engagement, targeting, ad formats, and analytics “continue to engage new advertisers and grow FB platform share of existing budgets,” Wells Fargo’s Peter Stabler said in a...
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Yelp Down To Underperform At Wells Fargo
Wednesday, July 13, 2016 - 10:30am | 339Read More...Wells Fargo’s Peter Stabler believes the consensus expectations for Yelp Inc (NYSE: YELP) for 2017 and 2018 could prove overly optimistic. Stabler downgraded the rating on the company from Market Perform to Underperform. Challenges To Margins Although the company has been able to build...
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Analysts React To Google's Acquisition Of Nest Labs
Tuesday, January 14, 2014 - 5:41pm | 706Read More...On Tuesday morning, Google (NASDAQ: GOOG) announced that it plans to buy Nest Labs for $3.2 billion. Nest Labs offers apps for iPhone and Android that allows users to adjust their thermostat and check their smoke detectors. Nest Labs was co-founded in 2010 by a small group of former Apple (NASDAQ...
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UPDATE: Wells Fargo Downgrades Twitter After Examining Challenges
Monday, December 16, 2013 - 2:09pm | 186Read More...On Monday, Wells Fargo Securities analyst Peter Stabler downgraded Twitter, Inc. (NYSE: TWTR) from Market Perform to Underperform based on notable risks to the company and advertisers. Wells Fargo examined Twitter's challenges including the "(1) widely varying degrees of consumer engagement, (2)...
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Wells Fargo Reiterates Market Perform on Google on Solid Topline Driven by Strong International Growth
Friday, October 18, 2013 - 9:22am | 184Read More...In a report published Friday, Wells Fargo Securities analyst Peter Stabler reiterated a Market Perform rating on Google (NASDAQ: GOOG). In the report, Wells Fargo Securities noted, “Reported top-line growth (ex-currency; ex-Motorola) of 21% beat our estimate of 17% and consensus at 19%....
