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Did Bob Peck Call The Alibaba-Snapchat Investment Last Year?
Thursday, March 12, 2015 - 8:02am | 563Read More...News broke Wednesday night that Alibaba Group Holding Ltd (NYSE: BABA) plans to invest $200 million in the social media startup Snapchat. SunTrust's Bob Peck was one of the first to publicly comment on the news. "Given recent press reports," he wrote, "we thought it would...
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SunTrust's Bob Peck Explains His Amazon Downgrade
Monday, March 9, 2015 - 3:09pm | 379Read More...SunTrust Robinson analyst Bob Peck downgraded shares of Amazon.com, Inc. (NASDAQ: AMZN) to Neutral from Buy on Monday arguing that the "near-term upside has been captured." Peck was on CNBC to elaborate on why he downgraded the stock. Investors Becoming Euphoric "The...
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Why SunTrust's New PT On Best Buy Is $45
Wednesday, March 4, 2015 - 9:35pm | 298Read More...SunTrust raised its price target on Best Buy Co Inc (NYSE: BBY) Wednesday from $43 to $45 and maintained a Buy rating. Analyst David G. Magee noted that the company's fourth quarter EPS of $1.48 beat estimates "as management achieved its goal of gaining market share while improving...
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Pandora Defends Its Royalty Payments In 10 Points
Wednesday, February 25, 2015 - 12:44pm | 330Read More...In the latest twist in the “Webcasting IV” rate-setting procedure, Pandora Media Inc (NASDAQ: P) filed a 200-page rebuttal to the Copyright Royalty Board (CRB). Pandora argued that SoundExchange’s plea for higher royalty rates does not apply to streaming internet radio. In a...
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Why Does Netflix Continue To Surge? SunTrust's Bob Peck Explains
Wednesday, February 18, 2015 - 2:54pm | 366Read More...Netflix, Inc. (NASDAQ: NFLX) is on a continuous uptrend, making all-time highs after reporting spectacular fourth-quarter results. SunTrust Robinson Humphrey’s Bob Peck was on CNBC Wednesday to discuss what’s pushing Netflix higher. Why Netflix Continues To Surge? "One, you...
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Bob Peck's 7 Points On Zillow And Trulia
Tuesday, February 17, 2015 - 1:12pm | 499Read More...SunTrust analyst Robert S. Peck commented on Zillow Inc (NASDAQ: Z) Tuesday following its Q4 results and amid its merger with Trulia Inc (NYSE: TRLA). Here are Peck's seven points: "Zillow + Trulia merger efforts can now begin." Peck expected 2015 to be a "year of...
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SunTrust's Bob Peck Says 'Remain on Sidelines' With AOL
Thursday, February 12, 2015 - 11:42am | 117Read More...AOL, Inc. (NYSE: AOL) fell more than 9 percent yesterday following an earnings report that did little to impress the market. In a note on Thursday, SunTrust analyst Bob Peck notes that current management has stabilized the company, but with flat top-line growth ex-TAC, there is not much to gain...
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Hotel Stocks Soar Amid Positive News
Tuesday, February 10, 2015 - 5:38pm | 263Read More...Hotel stocks surged Tuesday, February 10 amid a strong report from Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT) and an analyst upgrade on Hyatt Hotels Corporation (NYSE: H). Starwood & Hyatt Starwood also announced the spin-off of its vacation ownership business, which helped...
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Analyst Roundup: Big Strides For Twitter's User Monetization
Friday, February 6, 2015 - 4:21pm | 388Read More...Twitter Inc (NYSE: TWTR) shares gained nearly 17 percent Friday after the company posted encouraging results from efforts to monetize its 288 million active users. The social media company's shares changed hands recently at $47.71, up more than 15 percent. A key measure of monetization...
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Here's Why Bob Peck Remains Bullish On Twitter Post-Earnings
Friday, February 6, 2015 - 9:05am | 228Read More...Robert Peck of SunTrust Robinson Humphrey on Friday commented in a note that Twitter Inc (NYSE: TWTR) still has several key product initiatives that are relatively new or in beta and that the company continues to build momentum. Peck notes that Twitter's average revenue per user grew 65...
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Twitter Introduces Syndicated, Promoted Tweets On Flipboard
Tuesday, February 3, 2015 - 12:54pm | 204Read More...Twitter Inc (NYSE: TWTR) announced on Tuesday the introduction of syndicated, Promoted Tweets on the venture capital-backed Flipboard. Twitter’s blog noted that Tweets are unique in that they can flow to other mediums and that in the third quarter of 2014 alone there were “...
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Wall Street Asks: What's Happening At Alibaba?
Friday, January 30, 2015 - 11:29am | 301Read More...Alibaba Group Holding Ltd (NYSE: BABA) tanked more than 10 percent Thursday following its earnings report. Wall Street analysts are unanimously baffled. Wedbush thinks that Singles Day, when Alibaba sold more than $9 billion in one day, may have created unrealistic earnings expectations....
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What 5 Of Wall Street's Top Analysts Are Saying About Google
Friday, January 30, 2015 - 10:45am | 606Read More...Five of Wall Street's best analysts commented on Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) after it missed expectations for revenue and earnings in its Q4 report. Shares of GOOG have fallen from the $540 level on January 23, but were showing signs of strength in Friday’s premarket,...
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Analysts React Positively To Facebook Earnings
Thursday, January 29, 2015 - 10:05am | 407Read More...The Street has an overwhelmingly bullish view of Facebook Inc (NASDAQ: FB), particularly relative to current price. Wednesday's strong earnings report did little to change that view, except for the analysts at CRT Capital. Here’s a round up of what analysts have to say following...
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SunTrust's Bob Peck Reacts To Facebook Earnings
Thursday, January 29, 2015 - 9:17am | 180Read More...In a note Thursday morning, SunTrust’s Bob Peck reiterated his Buy rating and $90 price target on Facebook Inc (NASDAQ: FB). Peck points to Facebook’s year-over-year 55 percent increase in average revenue per user (ARPU), a key measure that Peck said was a “tough comp,” as...





