-
Why Amazon Should Acquire GrubHub Next
Tuesday, June 20, 2017 - 4:22pm | 432Wedbush's senior tech analyst Aaron Turner thinks Amazon.com, Inc. (NASDAQ: AMZN)'s next takeover target should be GrubHub Inc (NYSE: GRUB), a platform that delivers food made by restaurants to customers. Needless to say, Amazon has the necessary resources to invest in multiple initiatives...
-
Groupon Investors Currently Pricing In An 'Unlikely' M&A Scenario
Tuesday, February 23, 2016 - 3:11pm | 242Shares of Groupon Inc (NASDAQ: GRPN) took a breather on Tuesday after more than doubling in value following a strong earnings print and market chatter of pending sell of the company to its minority stakeholder, Alibaba Group Holding Ltd (NYSE: BABA). Aaron Turner of Wedbush commented in a note...
-
Wedbush Initiates Coverage On Etsy Before IPO
Monday, April 13, 2015 - 5:06pm | 465Wedbush initiated coverage on Etsy, Inc. (NASDAQ: ETSY) Monday with a Neutral rating and $14 price target ahead of the company’s IPO. Analysts Gil Luria and Aaron Turner expected the company to “enjoy rapid near-term growth rates within its niche as marketing spend helps drive...
-
ATM Market & NCR 2015 Preview: 'Currency And European Market To Drive Declines,' Wedbush Says
Monday, April 13, 2015 - 12:35pm | 256In a report issued Sunday, Wedbush analysts Gil Luria and Aaron Turner previewed the automated teller machines (ATM) market for 2015. They expect to see the ATM market "decline by 4 percent in U.S. dollar terms" (despite delivering a 4 percent growth in local currency), as a strengthening dollar...