Scott Devitt

In a report published Friday, Morgan Stanley analyst Scott Devitt reiterated an Underweight rating on Trulia (NYSE: TRLA). In the report, Morgan Stanley noted, “We think Trulia is overvalued relative to peers despite strong near-term business tailwinds. We believe that the addressable market for...

In a report published Thursday, Morgan Stanley analyst Scott Devitt reiterated an Underweight rating on Zillow (NASDAQ: Z). In the report, Morgan Stanley noted, “Zillow added over 3,500 Premier Agents in CQ4 despite its seasonal slowdown in traffic, while it raised ARPU by 3% Q/Q and 1% Y/Y on the...

In a report published Wednesday, Morgan Stanley analyst Scott Devitt reiterated an Equal-Weight rating on TripAdvisor (NASDAQ: TRIP). In the report, Morgan Stanley noted, “Although we are surprised by the deceleration in hotel shopper growth to 25% Y/Y, achievement of meta revenue neutrality...

In a report published Friday, Morgan Stanley analyst Scott Devitt reiterated an Equal-Weight rating on Expedia (NASDAQ: EXPE). In the report, Morgan Stanley noted, “Expedia reported a clean quarter with solid performance across the board. Domestic and international booking growth accelerated...

In a report published Friday, Morgan Stanley analyst Scott Devitt reiterated an Overweight rating on LinkedIn (NYSE: LNKD), but lowered the price target from $260.00 to $250.00. In the report, Morgan Stanley noted, “LinkedIn beat CQ4:13 Consensus revenue / EBITDA / EPS by 2% / 4% / 3% but top-line...

In a report published Friday, Morgan Stanley analyst Scott Devitt reiterated an Underweight rating on OpenTable (NASDAQ: OPEN). In the report, Morgan Stanley noted, “OpenTable exhibited steady seated diner growth in CQ4:13 and plans to step up 2014E investments in marketing ($18MM split between US...

In a report published Thursday, Morgan Stanley analyst Scott Devitt reiterated an Equal-Weight rating on Shutterfly (NASDAQ: SFLY). In the report, Morgan Stanley noted, “Shutterfly delivered a Q4 beat vs. guidance and Street estimates. Shutterfly guided 2014 inline with expectations but Q1...

In a report published Thursday, Morgan Stanley analyst Scott Devitt reiterated an Underweight rating on Twitter (NYSE: TWTR), and raised the price target from $33.00 to $36.00. In the report, Morgan Stanley noted, “Twitter beat 4Q consensus revenue estimates, although our concerns regarding...

In a report published Thursday, Morgan Stanley analyst Scott Devitt reiterated an Equal-Weight rating on Pandora Media (NYSE: P). In the report, Morgan Stanley noted, “Pandora posted a slight CQ4:13 beat on ad revenue strength and reached non-GAAP profitability for the full calendar year. Pandora'...

In a report published Friday, Morgan Stanley analyst Scott Devitt maintained an Overweight rating on Amazon.com (NASDAQ: AMZN) and a $435.00 price target noting that the “US Remains a Beacon of Hope”. On Thursday, Amazon reported fourth quarter and full year 2013 results. Revenue and unit growth...

In a report published Friday, Morgan Stanley analyst Scott Devitt reiterated an Underweight rating on Zynga (NASDAQ: ZNGA), noting optimism on a business turnaround following fourth quarter results. Zynga reported fourth quarter bookings at $147 million ahead of the Street's $141 million. EBITDA...

In a report published Wednesday, Morgan Stanley analyst Scott Devitt maintained Overweight on Facebook (NASDAQ: FB), with a $62.00 price target, as 4Q takes off with a good start, however noting that it is still early. According to the report, FB continues to lead the socially enabled internet;...