Scott Devitt

Latin American e-commerce and payment company Mercadolibre Inc (NASDAQ: MELI) fell short on multiple metrics in its second-quarter report, but the worst is now behind it, according to Stifel. The Analyst Stifel's Scott Devitt upgraded Mercadolibre from Hold to Buy with an...

Etsy Inc (NASDAQ: ETSY) shares are soaring after a second-quarter earnings and sales beat Monday that also saw the company raise its 2018 guidance. Here's how three analysts reacted.  Stifel  Etsy has "a bounce in its step," said Stifel analyst Scott Devitt. He...

Amazon.com, Inc. (NASDAQ: AMZN) reported earnings for the second quarter Thursday. Earnings per share and sales came in at $5.07 and $5.29 billion, respectively. The company also issued guidance for Q3 just below consensus estimates, but with significantly higher operating profits. It was this...

Investors punished eBay Inc (NASDAQ: EBAY) after its second-quarter earnings report and forward looking guidance disappointed many investors. Here's a summary of how five of the Street's top analysts reacted to the print. The Analysts Morgan Stanley's Brian Nowak maintains an...

Netflix, Inc. (NASDAQ: NFLX) reported its second-quarter results, in which subscriber net additions domestically and international fell short of expectations. The stock fell as much as 14 percent in early Tuesday trading. Here's a summary of how some of the Street's most notable analysts...

Shares of Netflix, Inc. (NASDAQ: NFLX) tumbled about 13 percent in Tuesday's pre-market session following the company's earnings report that showed a miss on the domestic and international net subscriber additions. Despite a notable miss on the subscriber front, Stifel turned bullish on the...

For those who enjoy watching television and movies, it comes as no surprise that Netflix, Inc. (NYSE: NFLX) continues to be an absolute juggernaut of a streaming service globally.  Netflix has grown quickly: the company reported 125 million worldwide subscribers in the first...

Stitch Fix Inc (NASDAQ: SFIX) reported Thursday afternoon with fiscal third-quarter earnings that beat expectations — but the results weren't compelling enough to turn Stifel bullish on the stock. The Analyst Stifel's Scott Devitt maintains a Hold rating on Stitch Fix's...

Paypal Holdings Inc (NASDAQ: PYPL) hosted its bi-annual investor day presentation Thursday and convinced Stifel the company is much more than just a "button" or "online checkout company." The Analyst Stifel's Scott Devitt upgraded PayPal's stock rating from...

Blue Apron Holdings Inc (NYSE: APRN) has been one of the worst-performing high-profile IPOs in recent years, down more than 75 percent from its $10 IPO price last June. While Wall Street still isn’t getting bullish on the battered stock, it’s bearish sentiment may be softening. Blue...

Despite Square Inc (NYSE: SQ) issuing second-quarter guidance Wednesday below the consensus estimate, Stifel now sees the bullish case for owning the stock. The Analyst Stifel's Scott Devitt upgraded Square from Hold to Buy with a price target lifted from $46 to $55. The...

Amazon.com Inc. (NASDAQ: AMZN) reported an impressive first quarter Thursday, reinforcing sell-side optimism in the company’s ability to drive continued growth across multiple segments. Here’s an overview of what analysts are saying after the print.  The Ratings ...

Facebook, Inc. (NASDAQ: FB) investors have valid reasons to remain concerned with fatigue among users in its core social media platform, but at the same time the stock is "too cheap to ignore," according to Stifel. The Analyst Stifel's Scott Devitt upgraded Facebook from Hold...

Facebook, Inc. (NASDAQ: FB) ripped higher by 10 percent on Thursday after the company reported better-than-expected first-quarter earnings and proved that concerns over the Cambridge Analytica scandal were overblown. Here’s a rundown of what Wall Street had to say about Facebook stock...

While shares of Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) lost more than 4 percent Tuesday in reaction to first-quarter results, Stifel took the opportunity to turn bullish on the stock. The Analyst Stifel's Scott Devitt upgraded Alphabet's stock rating from Hold to Buy with an...