Scott Devitt

Priceline (NASDAQ: PCLN) shares reacted little to the company’s Q2 earnings report, but that did not stop Stifel Nicholas from putting a $1,600 price target on the stock (23.6 percent upside). “In 2Q:14 it reported 33% y/y FX adj. growth in bookings and 29% y/y growth in hotel room...

In Wednesday's morning summary, Stifel analyst Scot Devitt downgraded shares of HomeAway (NASDAQ: AWAY) from Buy to Hold with a $38 fair value. Devitt noted the company has showed positive results for its two-pronged transition strategy of shifting from a pure subscription model to a pay-...

In a report published Thursday, Morgan Stanley analyst Scott Devitt reiterated an Equal-Weight rating on eBay (NASDAQ: EBAY). In the report, Morgan Stanley noted, “CFO Bob Swan spoke at the Morgan Stanley 2014. Mr. Swan reiterated that ebay's ownership of PayPal does not constrain PayPal's growth...

In a report published Wednesday, Morgan Stanley analyst Scott Devitt reiterated an Equal-Weight rating on Shutterstock (NYSE: SSTK). In the report, Morgan Stanley noted, “Jon Oringer, CEO and Tim Bixby, CFO presented at the 2014 Morgan Stanley Technology, Media and Telecom Conference. Mr. Oringer...

In a report published Tuesday, Morgan Stanley analyst Scott Devitt reiterated an Equal-Weight rating on Zillow (NASDAQ: Z). In the report, Morgan Stanley noted, “CEO Spencer Rascoff presented at the MS 2014 Technology, Media & Telecom conference...Zillow forecasts home prices to rise 3-4% in...

David Wells, CFO of Netflix (NASDAQ: NFLX) presented at Morgan Stanley 2014 TMT Conference, following its recent deal with Comcast (NASDAQ: CMCSA) to improve content streaming speeds. Analyst Scott Devitt reports that Wells sees the deal as a way to improve consumer quality and may be looking for...

In a report published Tuesday, Morgan Stanley analyst Scott Devitt reiterated an Equal-Weight rating on Expedia (NASDAQ: EXPE). In the report, Morgan Stanley noted, “Mark Okerstrom, CFO, reiterated that Hotwire has found its footing and expects performance to stabilize / improve in 2014. Mr....

In a report published Tuesday, Morgan Stanley analyst Scott Devitt reiterated an Overweight rating on LinkedIn (NYSE: LNKD), but removed the $250.00 price target. In the report, Morgan Stanley noted, “CEO Jeff Weiner presented at the MS 2014 Technology, Media & Telecom conference...LinkedIn...

In a report published Monday, Morgan Stanley analyst Scott Devitt initiated coverage on Move (NASDAQ: MOVE) with an Equal-Weight rating and $13.00 price target. In the report, Morgan Stanley noted, “We believe Move can sustain low-double-digit revenue growth but faces strong competitive headwinds...

In a report published Monday, Morgan Stanley analyst Scott Devitt upgraded the rating on Zillow (NASDAQ: Z) from Underweight to Equal-Weight, and raised the price target from $77.00 to $80.00. In the report, Morgan Stanley noted, “Our survey suggests there is minimal differentiation in quality of...

In a report published Monday, Morgan Stanley analyst Scott Devitt reiterated an Underweight rating on Trulia (NYSE: TRLA), but lowered the price target from $31.00 to $28.00. In the report, Morgan Stanley noted, “Even though Trulia shares trade at a large valuation discount to Zillow, we believe...

On Thursday, Priceline.com Incorporated (NASDAQ: PCLN) reported fourth quarter and full-year 2013 results following the market close. Fourth Quarter Results Summary Priceline.com reported Q4 EPS of $8.85 versus the estimated $8.29, beating by $0.56. EPS were up 31% from the same quarter last...

In a report published Tuesday, Morgan Stanley analyst Scott Devitt initiated coverage on Care.com (NYSE: CRCM) with an Equal-Weight rating. In the report, Morgan Stanley noted, “Care.com is an early stage company that combines an attractive story with a potentially compelling product and several...

In a report published Friday, Morgan Stanley analyst Scott Devitt reiterated an Overweight rating and $15.00 price target on Groupon (NASDAQ: GRPN). In the report, Morgan Stanley noted, “We continue to believe that Groupon is on a 12-18 month path to becoming a unique local/mobile marketplace at...