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Analysts Maintain Yahoo Ratings Despite Spin-Off Risk
Wednesday, May 20, 2015 - 12:32pm | 396Read More...The tumble in Yahoo! Inc. (NASDAQ: YHOO)'s stock had the shares priced as if the planned spin-off of its Alibaba stake were fully taxed, several analysts said Wednesday. Yahoo reportedly said its proposal for a tax-free deal shouldn't be affected by tax authorities' possible...
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What The Street Sees Behind Zillow's Numbers
Wednesday, May 13, 2015 - 12:37pm | 279Read More...In research notes Wednesday, analysts on Wall Street showed solidarity in the reading of Zillow Group Inc (NASDAQ: Z)'s Q1 earnings report, though the analysis moving forward is quite mixed. Both SunTrust and Benchmark maintained their Buy ratings with $130 and $135 price targets...
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SunTrust: Bluebird Bio Might Fly On Sickle Cell Results
Monday, May 11, 2015 - 1:50pm | 194Read More...Bluebird Bio Inc (NASDAQ: BLUE) shares could fly if upcoming results of a study on its proposed sickle cell anemia drug are favorable, an analyst said Monday. Results expected next month "should serve as an inflection point" for the development-stage company, according to SunTrust's Salveen Richter...
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Fitbit Files $100 Million IPO
Thursday, May 7, 2015 - 4:39pm | 188Read More...Fitbit on Thursday filed a $100 million IPO registration Thursday with the SEC with “FIT” as its proposed ticker on the New York Stock Exchange. The company described its core platform as a “family of six wearable connected health and fitness trackers.” “Wrist-...
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Everything The Street Has Said About Alibaba Recently
Wednesday, May 6, 2015 - 11:41am | 585Read More...Alibaba Group Holding Ltd (NYSE: BABA) reports Q1 results Thursday and traders are awaiting the news. After its September 2014 IPO, the stock climbed to over $119 in November only to decline in the following months. Since its IPO, the stock has fallen approximately 15 percent and recently...
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Twitter Shares Crumble; Wall Street Reacts
Wednesday, April 29, 2015 - 11:09am | 825Read More...Twitter Inc (NYSE: TWTR) reported Q1 earnings Tuesday and disappointed investors with weak results. The stock fell following the news and recently traded at $40.07, down 5.2 percent. Wall Street analysts gave their take on the results. Below are highlights along with current ratings and price...
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Why A Bristol-Myers Squibb Bid On Celgene Is Plausible
Friday, April 24, 2015 - 1:31pm | 222Read More...Bristol-Myers Squibb Co (NYSE: BMY)'s rumored interest in acquiring Celgene Corp. (NASDAQ: CELG) sounds plausible, an analyst told Benzinga. SunTrust's Salveen Richter said virtually all biotech names are "in play" for large pharmaceutical companies eager to make gains in the...
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Pandora...The Day After
Friday, April 24, 2015 - 1:22pm | 662Read More...Pandora Media Inc (NYSE: P) reported Q1 results Thursday with greater than expected revenue and a narrower than expected loss per share. The stock surged Friday and recently traded at $18.40, up 3.90 percent. Analysts weighed in on the results. Below are highlights along with current ratings...
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Bob Peck Highlights Upbeat Sentiment On YouTube, Mobile On Google
Friday, April 24, 2015 - 10:44am | 391Read More...SunTrust commented on Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Friday and maintained a Buy rating with a $650 price target. Google’s Q1 gross revenue came in at $17.3 billion, approximately 1 percent below the consensus of $17.5 billion. On an FX-neutral basis, revenue growth was fairly...
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EBay Q1 Results Leave Analysts Sitting On Fence
Thursday, April 23, 2015 - 12:07pm | 289Read More...Slowing first quarter growth at eBay Inc (NASDAQ: EBAY) caused at least several analysts to remain on the fence Thursday. The e-commerce company beat Wall Street's earnings expectations by 10 percent, sending its stock up recently by 3.6 percent, to $58.80. The earnings beat derived from cost-...
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What The Street Thinks Of Google Ahead Of Earnings
Thursday, April 23, 2015 - 10:32am | 549Read More...Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) will report Q1 2015 earnings results after the markets close Thursday. Several Wall Street firms gave their opinion ahead of the announcement. Wedbush: Neutral, $530 price target Shyam Patil and James Dix wrote: "While we believe there are...
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Does Wall Street Still Back Yahoo?
Wednesday, April 22, 2015 - 3:24pm | 471Read More...Yahoo! Inc. (NASDAQ: YHOO) shares have dropped less than 1 percent after the company’s mostly in-line Q1 earnings numbers. While the market seems to have shrugged off Yahoo’s Q1 performance, did Yahoo’s latest earnings report change the opinions of Wall Street analysts? Here...
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3 Reasons Yahoo May Invest In Algo And Paid Search
Tuesday, April 21, 2015 - 10:24am | 383Read More...Analysts led by Bob Peck at SunTrust commented on Yahoo! Inc. (NASDAQ: YHOO) Tuesday following its 8-K filing with the SEC. Peck highlighted three key points from the filing that added to the firm’s “conviction that Yahoo! may choose to invest in and operate both algorithmic and...
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SunTrust Just The Latest Wall Street Firm To Downgrade Trex
Friday, April 10, 2015 - 2:35pm | 374Read More...In a recent report, analysts at SunTrust downgraded Trex Company Inc (NYSE: TREX) from Buy to Hold based primarily on the stock’s valuation at current price levels. Trex is a global leader in recycled wood-alternative decking, railings and other outdoor items. Back in February Stifel...
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Alibaba Is 'Investing For The Day After Tomorrow'
Wednesday, March 18, 2015 - 8:29am | 291Read More...SunTrust's Bob Peck was out with a note Wednesday morning that called Alibaba Group Holding Ltd (NYSE: BABA) "compelling" at current valuations, despite immediate headwinds. SunTrust reiterated its $110 price target on the stock. Specifically, Peck outlines four immediate...
