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Bernstein: PayPal's Potential Is 'Untapped,' Better Than Apple Pay And Google Wallet
Tuesday, June 30, 2015 - 8:51am | 404Read More...In a report published Tuesday, Bernstein analyst Carlos Kirjner discussed eBay Inc (NASDAQ: EBAY)'s PayPal, noting that "PayPal is to payments what Amazon.com is to retail or Netflix to entertainment." Kirjner noted that PayPal is successfully using both the web and mobile to...
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Bernstein Raises Yahoo Price Target Due To Stake In Alibaba
Tuesday, November 18, 2014 - 3:34pm | 185Read More...Alibaba Group Holding Ltd (NYSE: BABA) fell approximately 2.5 percent Tuesday despite positive comments from Bernstein. Bernstein analyst Carlos Kirjner raised his price target on Yahoo! Inc. (NASDAQ: YHOO) from $50 to $60 due to the company’s stake in Alibaba. Kirjner noted that...
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Bernstein Says Yahoo! Inc. Likely To Extend Gains On Alibaba IPO
Monday, September 8, 2014 - 11:41am | 169Read More...Yahoo! Inc. (NASDAQ: YHOO) shares are likely to continue an upward tick over the next few days or weeks on expectation of gains from its holdings in Alibaba Group Holding, an analyst said Monday. Yahoo traded up 2.6 percent in Monday's morning session. Yahoo holds a 23 percent stake in...
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An Alibaba IPO Will Shake Up E-Commerce
Thursday, April 17, 2014 - 10:28am | 629Read More...Alibaba.com is big. From a transaction volume standpoint, $240 billion big, according to Wall Street Journal sources. That’s twice the size of Amazon (NASDAQ: AMZN) and three times the size of eBay (NASDAQ: EBAY). From a revenue perspective, however, Alibaba’s nearly $8 billion in 2013 revenue...
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Carl Icahn And eBay Call Off The Fight And Declare A Draw
Thursday, April 10, 2014 - 4:22pm | 598Read More...After several weeks of back and forth jabs, eBay (NASDAQ: EBAY) and activist investor Carl Icahn have agreed to end their battle and reach a compromise. Icahn has agreed to end his proxy fight that could have turned eBay's upcoming shareholder meeting into a referendum on the Icahn's wishes for...
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Bernstein Reports Shares of Amazon Worth $451-$571 in Sum-of-Parts Valuation
Monday, March 10, 2014 - 2:12pm | 125Read More...In a report published Monday, Bernstein analyst Carlos Kirjner noted that shares of Amazon.com (NASDAQ: AMZN) may be worth $451.00 to $571.00 in sum-of-the-parts valuation. Kirjner, who holds an Outperform rating on Amazon, wrote that price-to-sales ratio implies a $335.00 for retail business, or...
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UPDATE: Bernstein Maintains Outperform On Amazon, Forecasts FY Beat
Friday, February 14, 2014 - 10:28am | 179Read More...In a report published Friday, Bernstein Research analyst Carlos Kirjner maintained an Outperform rating and $420.00 price target on Amazon.com (NASDAQ: AMZN). Kirjner commented on the company's revenue deceleration noting that it followed fourth quarter in 2012. The analyst wrote, "We believe...
