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Analysts Still Bullish On Slack Despite Earnings Sell-Off
Thursday, September 5, 2019 - 11:19am | 646Read More...Slack Technologies Inc (NYSE: WORK) shares tumbled 14% on Thursday morning after the company’s first quarterly earnings report since its direct listing in June disappointed the market. On Wednesday afternoon, Slack guided for revenue growth to slow significantly in coming quarters. Despite...
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MKM: Slack Is Worth $55 Per Share
Monday, June 17, 2019 - 3:09pm | 337Read More...Ahead of Slack's scheduled initial public offering Thursday, MKM Partners estimates the stock should be worth $55 per share, or around $20 billion. The Analyst Rohit Kulkarni commented on Slack's planned IPO in a Monday note. The Thesis Slack's financial...
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MKM Weighs In On Chewy, Says Investors 'Hungry' For Pure-Play Online Pet Retailer
Friday, June 14, 2019 - 1:19pm | 480Read More...Chewy Inc (NYSE: CHWY) made its public debut Friday, trading at $36 per share with an estimated $8.8-billion market cap. MKM Partners weighed in "potential for faster revenue growth and greater gross margin expansion." The Analyst Rohit Kulkarni issued a note on...
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An Analyst's Positives And Negatives On Fiverr
Thursday, June 13, 2019 - 4:17pm | 364Read More...Fiverr international Ltd. (NYSE: FVRR), an online marketplace for freelance services company, began trading for the first time on a public market Thursday. MKM analysts offered their take from the sidelines. The Thesis Israel-based Fiverr's mission is to facilitate the buying and selling of...
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Google Policy Changes Are Hurting Bankrate
Thursday, February 25, 2016 - 10:47am | 268Read More...RBC Capital's Rohit Kulkarni downgraded the rating on Bankrate Inc (NYSE: RATE) from Outperform to Sector Perform, while lowering the price target from $16 to $9. While reporting a slight miss in its Q4 results, the company provided its Q1 guidance significantly below consensus, attributing...
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RBC Upgrades GrubHub On 'Attractive' Model And Large Market Opportunity
Thursday, July 2, 2015 - 9:42am | 341Read More...In a report published Thursday, RBC Capital analyst Rohit Kulkarni upgraded the rating on GrubHub Inc (NYSE: GRUB) from Sector Perform to Outperform, while lowering the price target from $46 to $42, following the over 30 percent pullback in the stock recently, and due to the company's attractive...
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What The Street Thinks Of Facebook Ahead Of Earnings
Wednesday, April 22, 2015 - 11:45am | 617Read More...Facebook Inc (NASDAQ: FB) is scheduled to report Q1 2015 earnings results after Wednesday's market close. Several Wall Street firms have given their opinion ahead of the announcement. Wedbush: Outperform, $94 Price Target Shyam Patil and Andy Cheng wrote: "We expect Facebook to...
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RBC Downgrades Web.com, Hurt By Increasing Competitiveness In Internet Domain Industry
Tuesday, April 14, 2015 - 10:55am | 256Read More...RBC Capital Markets issued a company note on Web.com Group Inc. (NASDAQ: WWWW), downgrading the company from Outperform to Sector Perform with a $20 price target. Analysts Rohit Kulkarni and Mark Mahaney wrote, “The company operates in a highly fragmented market and offers one of the most...







