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UPDATE: SunTrust Robinson Humphrey Upgrades Yelp
Tuesday, April 8, 2014 - 9:32am | 251Read More...Shares of Yelp (NYSE: YELP) are trading 2.1 percent higher in Tuesday's trading after SunTrust upgraded shares from Neutral to Buy and lowered the price target from $100 to $85. Analyst Robert Peck believes the recent correction has the stock trading “in-line with mid and large cap internet...
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Should Google And Amazon Open Retail Stores?
Thursday, March 13, 2014 - 4:07pm | 578Read More...As the next generation of technology is at our doorsteps, should Google (NASDAQ: GOOG) and Amazon.com (NASDAQ: AMZN) open retail stores? Google has its Nexus line, Chromecast, Chromebooks, Wallet, Google TV and soon Google Glass. Not to mention Nest is still in the company's pipeline and poised...
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SunTrust Lists Ramifications For Facebook Investors To Consider
Monday, February 24, 2014 - 11:59am | 327Read More...In a report published Monday, SunTrust analyst Robert Peck questioned how Facebook's (NASDAQ: FB) newly-acquired WhatsApp will ultimately monetize. In the note, Peck reviews the initial two phases of the Facebook/ WhatApp deal. Phase 1, or the reaction to the deal from investors, has undergone...
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A Walk Through Google's Changes With Search Engine Land's Danny Sullivan
Friday, February 14, 2014 - 6:13pm | 1254Read More...Search Engine Land founding editor and search engine guru Danny Sullivan appeared in SunTrust Robinson Humphrey's Investor Conference Call Series, hosted by Robert Peck, to discuss the ongoing changes at search giant Google (NASDAQ: GOOG), including an explanation of Hummingbird. “Hummingbird was...
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UPDATE: SunTrust Increases Price Target on Yahoo with Ongoing Core Changes and Alibaba's Strong Performance
Wednesday, January 29, 2014 - 9:17am | 178Read More...In a report published Tuesday, SunTrust Robinson Humphrey Analyst Robert Peck maintained Neutral on Yahoo (NYSE: YHOO) and raised the price target from $42 from $34. Yahoo's core is in the middle of a turnaround, of which investors are waiting on the results. Yahoo's assets in Asia comprise...
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Yahoo CEO To COO: You're Fired
Thursday, January 16, 2014 - 1:57pm | 402Read More...Marissa Mayer, Chief Executive Officer at Yahoo! (NASDAQ: YHOO) fired the company's second-in-command and Chief Operating Officer, Henrique de Castro. De Castro was Mayer's first major hire when she joined the company, tempting him with a four year, $62 million salary to join her in an exodus from...
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SunTrust Robinson Humphrey Maintain Neutral on AOL Following Disposal of Patch Assets
Thursday, January 16, 2014 - 10:02am | 199Read More...In a report published Thursday, SunTrust Robinson Humphrey analyst Robert Peck maintained a Neutral rating and $47.25 price target on AOL (NYSE: AOL) following a positive view of disposal of patch assets. According to the report, following AOL's announcement that it will shed its patch unit and...
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SunTrust Robinson Humphrey Reiterates on eBay Following Enterprise CEO's Departure
Thursday, January 16, 2014 - 9:58am | 140Read More...In a report published Thursday, SunTrust Robinson Humphrey analyst Robert Peck reiterated a Buy rating and $61.00 price target on eBay (NASDAQ: EBAY) following the departure of Enterprise CEO Chris Saradakis. According to the report, While it is never good to see disruption in leadership of...
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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: SunTrust Reiterates Buy on Google After Nest Labs Acquisition
Tuesday, January 14, 2014 - 12:33pm | 219Read More...In a report published Tuesday, SunTrust Robinson Humphrey analyst Robert Peck reiterated Buy on Google, Inc. (NASDAQ: GOOG). According to the report, analysts estimate Nest could add ~$3b of revenue to Google, or ~$1.3b to gross profit by 2017 assuming only a 5 percent penetration of homes for...
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SunTrust: 10 Reasons Why Alibaba Should Acquire Snapchat
Monday, January 13, 2014 - 1:49pm | 617Read More...Snapchat has already turned down Facebook's (NASDAQ: FB) $3 billion acquisition offer and does not seem interested in a buyout. Analyst Robert Peck of SunTrust Robinson Humphrey reported that maybe Snapchat is just waiting for the right company, and that company is Alibaba. Snapchat exploded...
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SunTrust Raises Facebook PT and Estimates on Increased Optimism
Monday, January 6, 2014 - 10:11am | 268Read More...In a report published Monday, SunTrust Robinson Humphrey analyst Robert Peck raised estimates and the price target from $55.00 to $65.00 for Facebook (NASDAQ: FB) based on increased optimism. Peck noted improvement in ad quality and pricing, in addition to stable trends in user growth and...
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Expert Explains Monday's Twitter Downgrades, Talks Target Price
Tuesday, December 17, 2013 - 3:22pm | 322Read More...Twitter (NYSE: TWTR) received two downgrades yesterday, and Robert Peck, managing director and Internet analyst at SunTrust (NYSE: STI) Robinson Humphrey, appeared on CNBC's Squawk on the Street to talk out the downgrades as well as their target price on Twitter. “The stock is more than doubled...
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Expect Positive Data Flow from Twitter
Monday, November 25, 2013 - 2:31pm | 318Read More...In a note published Sunday, analyst Robert Peck of SunTrust Robinson Humphrey commented on his expectation of Twitter's (NYSE: TWTR) positive data flow following the end of the quiet period. Peck wrote, "we expect positive information flow driven by a series of positive data points, such as: 1)...
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Yahoo's $5 Billion Buyback Plan
Wednesday, November 20, 2013 - 2:20pm | 260Read More...Shares of Yahoo! (NASDAQ: YHOO) were trading higher by more than three percent on Wednesday morning following the news announcement of the company's share buyback plan. The company announced on Tuesday that it will expand its share buyback authorization to $5 billion. Last quarter, the company...
