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UPDATE: Morgan Stanley Maintains Overweight on Google After Nest Labs Acquisition
Tuesday, January 14, 2014 - 12:17pm | 182Read More...In a report published Tuesday, Morgan Stanley analyst Scott Devitt maintained an Overweight rating on Google, Inc. (NASDAQ: GOOG), with a price target of $1,172.00. According to the report, GOOG has agreed to acquire Nest Labs, a designer of “smart” internet-connected home thermostats and smoke...
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Morgan Stanley Initiates Coverage on InterActiveCorp
Monday, January 6, 2014 - 9:17am | 242Read More...In a report published Monday, Morgan Stanley analyst Scott Devitt initiated coverage on InterActiveCorp (NASDAQ: IACI) with Equal Weight and a $67.00 price target. According to the report, the Match segment is seen as IACI's best asset but is a risk to the Search segment as consumers transition to...
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Morgan Stanley Maintains on Facebook
Monday, January 6, 2014 - 9:17am | 272Read More...In a report published Monday, Morgan Stanley analyst Scott Devitt maintained Overweight on Facebook (NASDAQ: FB), raising its price target from $53.00 to $62.00. According to the report, following the recent launch of News Feed video ads, Facebook is seen as better positioned than Twitter as TV...
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Morgan Stanley Reiterates on Google
Monday, January 6, 2014 - 9:13am | 263Read More...In a report published Monday, Morgan Stanley analyst Scott Devitt reiterated Overweight on Google (NASDAQ: GOOG) raising its price target from $1,075.00 to $1,172.00. According to the report, YouTube remains GOOG's most underappreciated asset and integration with Android could give YouTube an...
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Morgan Stanley Downgrades Twitter
Monday, January 6, 2014 - 9:12am | 213Read More...In a report published Monday, Morgan Stanley analyst Scott Devitt downgraded Twitter (NYSE: TWTR) from Equal Weight to Under Weight, keeping its $33.00 price target. According to the report, TWTR stock is trading over the analysts $61.00 bull case, appearing to price in an approximate tripling of...
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Morgan Stanley Initiates Coverage on Twitter As Analyst Is Optimistic
Monday, December 2, 2013 - 3:06pm | 136Read More...Morgan Stanley analyst Scott Devitt initiated coverage on Twitter (NYSE: TWTR) with an Equal-weight rating. Devitt commented that Twitter "will continue to benefit from smartphone adoption and visibility in offline media, and forecast Twitter doubling its US user base to nearly 110m users by...
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UPDATE: Morgan Stanley Downgrades Pandora Media on More Balanced Risk/Reward
Friday, November 22, 2013 - 11:35am | 170Read More...In a report published Friday, Morgan Stanley analyst Scott Devitt downgraded the rating on Pandora Media (NYSE: P) from Overweight to Equal-Weight, and removed the $25.00 price target. In the report, Morgan Stanley noted, “We downgrade P shares to Equal-weight as we view risk / reward as more...
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Morgan Stanley Lowered Internet Sector View, Warning on Possible Pullbacks
Monday, November 11, 2013 - 11:10am | 253Read More...In a report published Monday, Morgan Stanley analyst Scott Devitt lowered the Internet industry sector view to In-Line. Devitt noted that the Outperformance of this sector was driven by multiple expansion over positive estimate revisions. Morgan Stanley commented "We believe that growth needs to...
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Morgan Stanley Reiterates on Priceline.com on Room for Further Upside
Tuesday, November 5, 2013 - 11:25am | 98Read More...In a report published Tuesday, Morgan Stanley analyst Scott Devitt reiterated an Overweight rating and $1,150.00 price target on Priceline.com (NASDAQ: PCLN). In the report, Morgan Stanley noted, “Although recent stock performance has been strong, we see room for further upside on a solid CQ3. We...
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UPDATE: Morgan Stanley Reiterates on Groupon
Friday, November 1, 2013 - 2:41pm | 200Read More...In a report published Friday, Morgan Stanley analyst Scott Devitt reiterated an Overweight rating with a $14 PT on Groupon (NASDAQ: GRPN). Groupon reports 3Q13 earnings on Thursday, November 7th. Morgan Stanley estimates a 26 percent gross billing growth for North America and 13 percent in Europe...
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UPDATE: Morgan Stanley Downgrades HomeAway on Balanced Risk/Reward, Tempered Volume Growth
Thursday, September 26, 2013 - 10:51am | 93Read More...In a report published Thursday, Morgan Stanley analyst Scott Devitt downgraded the rating on HomeAway (NASDAQ: AWAY) from Overweight to Equal-Weight, and removed the $36.00 price target. In the report, Morgan Stanley noted, “A slowdown in subscription listing growth coupled with our view that pay-...
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UPDATE: Morgan Stanley Downgrades Netflix Following Correction of Mispricing
Thursday, September 12, 2013 - 9:08am | 118Read More...In a report published Thursday, Morgan Stanley analyst Scott Devitt downgraded the rating on Netflix (NASDAQ: NFLX) from Overweight to Equal-Weight, and removed the $314.00 price target. In the report, Morgan Stanley noted, “We believe the fundamental mispricing of NFLX shares that has existed...
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UPDATE: Morgan Stanley Downgrades Zillow on TAM Saturation Concerns, Stock Overvalued
Thursday, September 5, 2013 - 10:43am | 72Read More...In a report published Thursday, Morgan Stanley analyst Scott Devitt downgraded the rating on Zillow (NASDAQ: Z) from Equal-Weight to Underweight, but raised the price target from $66.00 to $70.00. In the report, Morgan Stanley noted, “We downgrade Zillow to Underweight, as we have concerns about...
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UPDATE: Morgan Stanley Downgrades OpenTable on Challenges Ahead
Thursday, September 5, 2013 - 10:43am | 85Read More...In a report published Thursday, Morgan Stanley analyst Scott Devitt downgraded the rating on OpenTable (NASDAQ: OPEN) from Equal-Weight to Underweight, but raised the price target from $50.00 to $60.00. In the report, Morgan Stanley noted, “We downgrade OpenTable to Underweight, as the company has...
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UPDATE: Morgan Stanley Initiates RetailMeNot at Equal-Weight on Favorable Valuation
Tuesday, August 13, 2013 - 8:43am | 94Read More...In a report published on Tuesday, Morgan Stanley analyst Scott Devitt initiated coverage on RetailMeNot (NASDAQ: SALE) with an Equal-Weight rating. In the report, Morgan Stanley stated, "RetailMeNot is the leading digital coupon marketplace with attractive growth prospects and a highly...

