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Stifel Upgrades Amazon, Slaps $700 Price Target On 'Bigger, Stronger, Faster' Operations
Wednesday, July 29, 2015 - 9:32am | 391Read More...In a report published Wednesday, Stifel analyst Scott Devitt upgraded shares of Amazon.com, Inc. (NASDAQ: AMZN) to Buy from Hold with a newly introduced $700 price target as the company successfully emerged from its "extensive and extended" investment cycle which yielded a "bigger...
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Stifel: Dick Costolo Will Remain Twitter's CEO If The Company Executes On A Plan Similar To Sacca's
Thursday, June 4, 2015 - 2:16pm | 325Read More...One of Twitter’s long-time investors, Chris Sacca, recently wrote a blog post titled "What Twitter Can Be" in which he expressed his views on how Twitter can innovate in a better way and broaden its appeal to users. Scott Devitt, Stifel Research analyst, was on CNBC Thursday to...
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Zulily's Guidance Had Analysts Apologizing
Monday, May 11, 2015 - 11:46am | 510Read More...Zulily Inc (NASDAQ: ZU) released first quarter 2015 earnings on May 5, revealing decelerated growth and slashed guidance. The grim outlook caused Zulily shares to fall 18 percent on Wednesday. The e-commerce website posted first quarter revenue of $306.6 million. Although this marks a 29...
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4 Stocks Stifel Just Upgraded
Monday, May 4, 2015 - 12:38pm | 795Read More...Analysts at Stifel on Monday upgraded shares of Twitter Inc (NYSE: TWTR), The Madison Square Garden Co (NASDAQ: MSG), Buckeye Partners, L.P. (NYSE: BPL) and Brixmor Property Group Inc (NYSE: BRX). Twitter: Shares Are "Mispriced" Scott Devitt upgraded shares of Twitter to Hold from Sell while...
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Will Netflix Reach 150 Million Streaming Subscribers By 2020? This Analyst Thinks So
Monday, April 27, 2015 - 10:40am | 368Read More...In a report published Sunday, Stifel analyst Scott Devitt argued that Netflix, Inc. (NASDAQ: NFLX)'s pace of subscriber growth is accelerating, attributed to its expanding content of original content that is growing "deeper and deeper," leading the analyst to project Netflix will...
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Stifel Says Priceline Group Is Now Valued At $1,400/Share, Worth Buying
Tuesday, March 31, 2015 - 9:51am | 194Read More...In a report published Tuesday, Stifel analyst Scott Devitt upgraded shares of Priceline Group Inc (NASDAQ: PCLN) to Buy with a $1,400 price target, from a prior no rating, as the recent underperformance in shares are attributed to European macro risk. Devitt said that Priceline's valuation presents...
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Cantor Fitzgerald: Next 6 Months Are Going To Be Interesting For Alibaba
Wednesday, March 18, 2015 - 3:19pm | 387Read More...The lockup will expire on 437 million shares (thought 100 million of those not officially until May) of Alibaba Group Holding Ltd (NYSE: BABA) following Wednesday's market closing. If that number seems large, come September, a lockup will expire on 1.6 billion shares. Youssef Squali, Cantor...
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How Will The Lockup Expiration Affect Alibaba's Stock?
Tuesday, March 17, 2015 - 3:10pm | 342Read More...Shares of Alibaba Group Holding Ltd (NYSE: BABA) were trading up on Tuesday on back of the stock being upgraded by Stifel Nicolaus analyst Scott Devitt to Buy from Hold with a $99 price target. Devitt cited subsidizing of regulatory risks concerning counterfeit items as the reason for the upgrade...
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EBay Q4 Earnings Preview
Wednesday, January 21, 2015 - 2:57pm | 179Read More...eBay Inc (NASDAQ: EBAY) is scheudled to release Q4 2014 earnings after the market close on Wednesday. Analysts expect revenue of $4.93 billion with EPS of $0.89. Stifel's Scott Devitt was among the analysts who expected eBay’s EPS to match consensus. On December 8, the firm upgraded...
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Analysts Optimistic On Netflix Heading Into Q4 Earnings
Tuesday, January 20, 2015 - 3:39pm | 385Read More...Netflix, Inc. (NASDAQ: NFLX) is scheduled to report Q4 earnings after the market close Tuesday. The average analyst estimate for revenue is $1.48 billion with EPS of $0.45. Topeka Capital Markets noted that “all eyes will really be on the international sub result, which by our...
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Stifel Initiates Coverage On LendingClub
Tuesday, January 20, 2015 - 10:16am | 117Read More...LendingClub (NYSE: LC) was initiated at Hold on Tuesday at Stifel. The company IPO'd at $15 in December, closing above $23. The stock has since traded down to close Friday at $22.09. Stifel did not set a price target. Stifel analyst Scott Devitt notes that the company is estimated to have...
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Stifel: Web IV A 'Significant Overhang' On Shares Of Pandora Media, Expects Positive Outcome
Friday, January 16, 2015 - 9:51am | 259Read More...John Egbert of Stifel assumed coverage of Pandora Media Inc (NYSE: P) from colleague Scott Devitt and placed a Buy rating and $29 price target on shares. According to Egbert, Web IV has been a “significant overhang” on the stock since proposals were submitted in October. The analyst...
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UPDATE: Stifel Upgrades Netflix To Buy As 2015 Outlook Is Bright
Wednesday, January 14, 2015 - 9:12am | 112Read More...In a report published Wednesday, Stifel analyst Scott Devitt upgraded the rating on Netflix, Inc. (NASDAQ: NFLX) from Hold to Buy, and named a $380.00 price target. In the report, Stifel noted, “We are upgrading Netflix to a Buy rating with a $380 price target. While the company continues to...
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Google Falls Amid Downgrade From Atlantic Equities
Monday, January 12, 2015 - 11:33am | 212Read More...Shares of Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) fell at Monday’s open amid Atlantic Equities downgrading the stock from Overweight to Neutral. The Atlantic Equities downgrade follows Stifel’s January 8 downgrade from Buy to Hold. “Google is in the early to mid stages of...
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Stifel Analyst Says Internet Sector Values 'Not Compelling,' But Offers Top Picks
Thursday, January 8, 2015 - 1:29pm | 428Read More...The Internet sector is "still not near compelling levels" according to an analyst, who nonetheless offered several "top picks" for the industry Thursday. Stifel's Scott Devitt said much of the sector is pressured by a strong U.S. dollar while the transition to...





