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SunTrust Remains Bullish On Yahoo, Company 'Delivers On Promise'
Wednesday, January 28, 2015 - 11:48am | 217Read More...Yahoo! Inc. (NASDAQ: YHOO) stated in its quarterly results on Tuesday that its 384 million shares of Alibaba Group Holding Ltd (NYSE: BABA) will be spun-off tax-free in the fourth quarter 2015, avoiding a $16 billion tax liability. Robert Peck of SunTrust Robinson Humphrey commented in a note...
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Amazon Earnings Expectations Muted, SunTrust Says
Monday, January 26, 2015 - 9:38am | 218Read More...Amazon.com, Inc. (NASDAQ: AMZN) had a rocky 2014 – at least with investors – as its share price fell 22 percent, while the NASDAQ gained 14 percent. A note on Monday from SunTrust reiterates the firm’s Buy rating and $360 price target. SunTrust is looking at Q4 revenues of $29...
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Google Acquiring Twitter? Bob Peck Thinks It's Difficult But Not Impossible
Friday, January 23, 2015 - 8:00am | 444Read More...Rumors of Google Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) acquiring Twitter Inc (NYSE: TWTR) are nothing new; they have been doing the rounds on the Street over the last few years. However this time, the noise is loud enough to make the stocks move up. Tech analyst Bob Peck from SunTrust was on CNBC...
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SunTrust: Amazon Search Had A Glitch
Wednesday, January 21, 2015 - 9:10am | 135Read More...SunTrust's Bob Peck issued a note Tuesday alerting investors to a glitch in Amazon.com, Inc.'s (NASDAQ: AMZN) search function. Users on Amazon's seller forum reported that Amazon said at the time that it was a "known glitch." At present, it appears the site is functioning...
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Analysts Remain Bullish On Google Ahead Of Q4 Earnings
Sunday, January 18, 2015 - 12:42pm | 670Read More...Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) received a handful of bullish analyst ratings on Wednesday, January 14, ahead of the company’s fourth quarter fiscal 2014 earnings report. Google did not have the best year in 2014, and has fallen short of earnings expectations in four consecutive...
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Facebook Q4 Will Be Strong, SunTrust Notes
Friday, January 16, 2015 - 8:32am | 157Read More...Many analysts on the street are bullish on Facebook Inc (NASDAQ: FB), but a new SunTrust note says that the bullish sentiment will not stop the stock from moving to a $90 price target, a 21 percent increase over current prices. Part of the upside, according to analyst Bob Peck, is that Facebook...
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SunTrust: Don't Dismiss Google Dividend
Wednesday, January 14, 2015 - 1:56pm | 359Read More...Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) investors shouldn't dismiss prospects for a dividend, an analyst said Wednesday. Shares of the search-engine giant, down about 15 percent in the past six months amid concerns of slower growth. But SunTrust's Bob Peck said investors should look...
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SunTrust Previews Yahoo's Q4 Earnings, Expects Focus To Be On Asian Asset Tax Efficiency And Growth Initiatives
Tuesday, January 13, 2015 - 11:07am | 259Read More...Bob Peck of SunTrust Robinson Humphrey on Tuesday reiterated a Buy rating and $57 price target on shares of Yahoo! Inc. (NASDAQ: YHOO) ahead of the company's fourth quarter results on January 27. “While we largely anticipate an in-line quarter, there are several other items that we...
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SunTrust On Auto Connectivity: Conversation Moving Beyond Google
Monday, January 12, 2015 - 11:14am | 277Read More...SunTrust Robinson Humphrey's Bob Peck on Monday commented in a note that Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) is no longer the dominant name within the connected automobile space. “When it came to automobiles this year the conversation moved beyond Google and its self-...
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SunTrust's Bob Peck On Smarthome Devices: Technology Can Better Automate, Improve Homes
Monday, January 12, 2015 - 11:09am | 273Read More...SunTrust Robinson Humphrey's Bob Peck on Monday commented in a note that smarthome devices are beginning to show the potential to interact with other technology devices that can better automate and improve the experience of a homeowner by saving money through smarter usage of devices and...
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SunTrust On Wearables: Consumers Will Adapt To New Technology
Monday, January 12, 2015 - 10:16am | 303Read More...SunTrust Robinson Humphrey's Bob Peck on Monday commented in a note that wearable technology devices were among the most popular gadgets showcased during the recent Consumer Electronics Show. “We are of the belief that consumers will adapt to the advancing technology of wearables as...
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Bob Peck Discusses The Feasibility of Twitter Acquiring Yahoo
Thursday, January 8, 2015 - 2:36pm | 362Read More...Former Yahoo! Inc. (NASDAQ: YHOO) CEO Ross Levinsohn was on CNBC Tuesday where he suggested that Twitter Inc (NYSE: TWTR) should acquire Yahoo and by acquiring Yahoo he meant acquiring Yahoo’s core business. Following this, there was a lot of buzz on the Street on whether such a deal could...
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SunTrust: Twitter-Yahoo Combo 'Could Make Sense'
Tuesday, January 6, 2015 - 3:23pm | 219Read More...Twitter Inc (NYSE: TWTR) shares rose Tuesday after an analyst said speculation about an acquisition of Yahoo! Inc. (NASDAQ: YHOO) is plausible. Yahoo's former Chief Executive Ross Levinsohn earlier Tuesday told CNBC that if Yahoo divests its Asian assets, then Twitter should step in and...
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SunTrust's Bob Peck Sees Twitter CEO Dick Costolo Gone 'Within A Year'
Monday, December 22, 2014 - 2:25pm | 130Read More...SunTrust’s Bob Peck said Monday on CNBC that Twitter Inc (NYSE: TWTR) CEO Dick Costolo may not remain with the company much longer and that the question of Costolo’s successor is the No. 1 question he receives from institutional investors. "We think there's a good chance he...
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SunTrust Presents Possible Pair Trade With Walgreen, CVS Heath
Friday, December 19, 2014 - 11:04am | 145Read More...SunTrust downgraded Walgreen Company (NYSE: WAG) from Buy to Neutral and upgraded CVS Health Corp (NYSE: CVS) to Buy on Friday. The price target for Walgreen is $77.00 and for CVS Health it was set to $110. The rating changes suggest a possible pair trade. Walgreens fell after the open...





