Scott Devitt

In a report published Thursday, Stifel analyst Scott Devitt initiated coverage on Zulily Inc (NASDAQ: ZU) with a Buy rating and $30.00 price target. In the report, Stifel noted, “We are initiating coverage of zulily with a Buy rating on the shares and $30 target price. zulily is a flash sales...

In a report published Thursday, Stifel analyst Scott Devitt initiated coverage on Wayfair Inc (NYSE: W) with a Hold rating. In the report, Stifel noted, “We are initiating coverage of Wayfair Inc. with a Hold rating on the shares and $24 fair value estimate. Wayfair is an asset-light platform with...

In a report published Thursday, Stifel analyst Scott Devitt downgraded the rating on TripAdvisor Inc (NASDAQ: TRIP) from Buy to Hold, and removed the $87.00 price target. In the report, Stifel noted, “We are downgrading TripAdvisor shares from a Buy to a Hold with a $78 fair value. We recognize...

In a report published Thursday, Stifel analyst Scott Devitt downgraded the rating on Priceline Group Inc (NASDAQ: PCLN) from Buy to Hold, and removed the $87.00 price target. In the report, Stifel noted, “We are downgrading Priceline shares from a Buy to a Hold with a $1,160 fair value....

Scott Devitt of Stifel upgraded shares of eBay Inc (NASDAQ: EBAY) to Buy from Hold on Monday while establishing a $65 price target. "We envision a $2:$1 risk/reward on a base case and $3:$1 on a bull case based on what we believe are a reasonable set of assumptions and comparable," Devitt wrote in...

Stifel downgraded Netflix, Inc. (NASDAQ: NFLX) Tuesday from Buy to Hold with a $380 fair value estimate. “We remain positive on Netflix’ longer-term international opportunity, but think 3Q:14 results were a sign that investors are still focused on domestic subscriber growth in the...

Tripadvisor Inc (NASDAQ: TRIP) is likely to see slowing growth along with cuts to consensus earnings estimates, an analyst said Friday. The online travel company's shares have fallen more than 28 percent in the past three months, including a big drop last week when it missed quarterly...

Stifel commented on news that Pandora Media Inc (NYSE: P) CEO Brian McAndrews personally bought 25,000 shares of the company’s stock on the open market for approximately $465,000. The purchase was seen as a “vote of confidence” by analyst Scott Devitt ahead of a discussion on...

Stifel offered its 2020 Vision on Internet stocks Monday. Analysts led by Scott Devitt noted that “with a volatile 3Q14 earnings season behind us, we are publishing our updated 2020 Vision Comp Table...We hope to re-inject context around the pendulum of investor psychology that we believe...

Stifel downgraded Twitter Inc (NYSE: TWTR) to Sell in a report issued Tuesday after the company reported "sluggish user growth and declining engagement metrics." Analysts led by Scott Devitt observed that "Facebook's higher monetization levels do not mean Twitter is under-...

Stifel's Scott Devitt resumed coverage of Expedia (NASDAQ: EXPE) with a Hold rating and $88 price target. According to Devitt, Expedia's organic growth rate is still unclear. The analyst adds that a “significant portion” of its 29 percent growth in the second quarter...

Stifel's Scott Devitt resumed coverage of eBay (NASDAQ: EBAY) Wednesday with a Hold rating and $57 price target. “We applaud eBay management's successful turnaround of the business and re-positioning of the company as an eCommerce partner to traditional retailers and merchants,...

Twitter (NYSE: TWTR) was resumed at Stifel Nicolaus with a Hold rating and $44 price target. The Good Analyst Scott Devitt notes that advertising revenue has increased during three of the past four quarters. There may be more upside: “We believe increased uptake of complementary TV...

Amazon (NASDAQ: AMZN) was resumed with a Hold rating at Stifel Nicolaus. Stifel’s $330 price target is just a few cents from Amazon’s current share price. “The company’s customer-centric approach to business is a strategy built upon the belief that duration (the long...