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UPDATE: SunTrust Initiates Coverage On TripAdvisor, Notes Expansion To New Revenue Avenues
Friday, June 6, 2014 - 8:34am | 209Read More...In a note released Friday morning, SunTrust analyst Robert Peck initiated coverage on TripAdvisor (NASDAQ: TRIP) with a Neutral rating and a $105 price target. Peck says TripAdvisor is benefiting from the industry's "four C's": Customer Demand Cost Increasing...
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UPDATE: SunTrust's Robert Peck Cuts Zillow Rating On Valuation
Thursday, June 5, 2014 - 8:39am | 238Read More...SunTrust’s Robert Peck cut his rating on Zillow (NASDAQ: Z) from Buy to Hold and subsequently caused a 1.26 percent drop in the issue. Peck was sure to note that he is still very bullish on the stock in the long term, but a 44.3 percent year-to-date rally has pushed the issue above his...
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SunTrust Remains Optimistic On Pandora Metrics
Wednesday, June 4, 2014 - 10:58am | 194Read More...In a report published Wednesday, SunTrust analyst Robert Peck commented on Pandora Media's (NYSE: P) “satisfactory” May listener metrics. The analyst reiterated a Buy rating and $34.00 price target. Following Pandora's report on May metrics, SunTrust remarked that the...
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SunTrust Delves Into The 'Attractive' Factors And Impact Of Apple's Acquisition Of Beats
Thursday, May 29, 2014 - 10:48am | 445Read More...In a report published Thursday, SunTrust analyst Robert Peck commented on Apple's (NASDAQ: AAPL) plans to build an interactive streaming service and the impact on Pandora Media (NYSE: P). ”What Apple Wants With Beats” Peck emphasized two factors that make Beats attractive to Apple including...
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10 Highlights From Two Tech Giants At The Code Conference
Wednesday, May 28, 2014 - 1:44pm | 202Read More...The following list is made up of highlights, according to SunTrust's Bob Peck, relating to comments made by Microsoft CEO Satya Nadella and Google co-founder Sergey Brin. Microsoft The "next big thing" is the "post, post PC," which means ubiquitous service across devices. New product...
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SunTrust Sees New Positives On Yelp
Tuesday, May 27, 2014 - 11:37am | 218Read More...In a report published Tuesday, SunTrust analyst Robert Peck sees three new positives for Yelp (NYSE: YELP). The analyst reiterates a Buy rating and $85.00 price target. Peck reported that chain initiative, SeatMe push and no Panda impact “bode well for fundamental story.” The analyst commented...
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UPDATE: Shares Of eBay Respond To SunTrust Downgrade
Wednesday, May 7, 2014 - 10:28am | 201Read More...In a report published Wednesday, SunTrust analyst Robert Peck downgraded eBay (NASDAQ: EBAY) from Buy to Neutral and lowered the price target from $62.00 to $58.00. Peck remarked that the December upgrade to Buy reflected his belief that investor expectations were “washed out,” reduced guidance...
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SunTrust Sees Strong Growth For LinkedIn
Friday, May 2, 2014 - 10:04am | 270Read More...In a report published Friday, SunTrust analyst Robert Peck lowered the price target on LinkedIn (NYSE: LNKD) from $260.00 to $225.00 following first quarter 2014 results. Summary of Earnings and Guidance LinkedIn reported first quarter EPS of $0.38 versus the estimated $0.34. Net loss was $13.4...
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Analysts See Continued Opportunity And Growth For Yelp
Thursday, May 1, 2014 - 4:17pm | 761Read More...Yelp (NYSE: YELP) on Wednesday reported first quarter 2014 financial results. In the press release, Yelp CEO Jeremy Stoppelman commented, "We had a great start to the year and are excited about the large opportunity ahead of us. Yelp is becoming the gold standard in local search. In the first...
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SunTrust Offers Insight to Why eBay May Repatriate Cash
Wednesday, April 30, 2014 - 2:51pm | 192Read More...SunTrust has lowered their price target for shares of eBay (NASDAQ: EBAY) from $65 to $62 after the company reported first quarter earnings, weaker-than-expected second quarter guidance, and announced a $3 billion tax charge to facilitate repatriation of $6 billion net in foreign earnings. Robert...
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SunTrust Maintains Rating on Twitter, Reduces Price Target
Wednesday, April 30, 2014 - 8:54am | 212Read More...In a note released Wednesday, SunTrust analyst Robert Peck maintained his Neutral rating on Twitter, Inc. (NYSE: TWTR) but lowered the price target from $55 to $50. Peck explained that monetization is strong and that the real question is user growth. Not only did Twitter finish the quarter strong...
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Shares of Amazon.com Plummet Following Results, Analysts Maintain Confidence
Friday, April 25, 2014 - 11:44am | 991Read More...Amazon.com (NASDAQ: AMZN) on Thursday reported financial results for the first quarter ending March 31, 2014. Founder and CEO of Amazon.com Jeff Bezos commented, “We get our energy from inventing on behalf of customers, and 2014 is off to a kinetic start. Our device team launched Fire TV, offering...
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Facebook Earnings Breakdown: After A Blowout Quarter, Could The Momentum Continue?
Thursday, April 24, 2014 - 12:03pm | 1026Read More...Facebook (NASDAQ: FB) reported its first quarter results on Wednesday. The popular provider of various social media platforms earned $0.34 per share, beating the consensus estimate by 10 cents. Revenue of $2.5 billion came ahead of analyst expectations by $160 million. Net income for the quarter...
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Google Shares 'Cheap', SunTrust Reiterates
Thursday, April 17, 2014 - 2:50pm | 292Read More...In a report published Thursday, SunTrust Robinson Humphrey analyst Robert Peck reiterated a Buy rating and $680 price target on Google (NASDAQ: GOOG) following disappointing first quarter profits. Google posted first quarter results on Wednesday, April 16. The company reported $15.42 billion in...
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UPDATE: SunTrust Robinson Humphrey Initiates Coverage on Pandora Media
Monday, April 14, 2014 - 10:44am | 167Read More...On Monday, SunTrust initiated coverage on shares of Pandora (NYSE: P) with a Buy rating and $34 price target. Analyst Robert Peck believes the company will “remain the clear leader in internet radio.” The analyst sees “$2B+ revenue potential driven by monetization, not predicated on user growth,...


