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Priceline's Price Target Is Now $1,750 At Barclays
Tuesday, November 8, 2016 - 11:13am | 269Priceline Group Inc (NASDAQ: PCLN) reported solid Q3 results, with room-night growth and non-GAAP operating margins ahead of expectations. The company’s Q3 beat and higher guide “not only reflects market share gains for Booking.com in the U.S. but generally strong execution in all...
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Barclays Thoughts On HomeAway Pricing Changes
Thursday, June 30, 2016 - 8:56am | 282Expedia Inc (NASDAQ: EXPE) recently introduced a price change for HomeAway subscription customers, simplifying the earlier multi-tier pricing structure. Barclays’ Christopher D. Merwin maintained an Overweight rating on the company, with a price target of $120. Price Structure The...
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Priceline Has Very Little Priced In, So Barclays Upgrades To Overweight
Wednesday, June 22, 2016 - 9:45am | 296With Priceline Group Inc (NASDAQ: PCLN) shares appearing to price in a bearish scenario, Barclays’ Christopher D. Merwin believes near-term concerns offer an attractive buying opportunity. Merwin upgraded the rating on the company from Equal Weight to Overweight, while raising the price...
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Activision E3 Takeaways According To Barclays
Thursday, June 16, 2016 - 8:07am | 255The most significant announcement at this week’s Electronic Entertainment Expo [E3], an annual trade fair for the videogame industry, was Xbox’s planned release of a new console in 2017, shortening the console cycle by half to merely 4 years, Barclays’ Christopher D. Merwin said...
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Ditching Dating Stocks? Barclays Downgrades Match Group
Thursday, February 4, 2016 - 12:33pm | 245Match Group Inc (NASDAQ: MTCH) shares have plummeted 26 percent since January 5. Barclays’ Christopher D. Merwin downgraded the rating for the company from Overweight to Equal-Weight, while reducing the price target from $17 to $14. The environment in dating assets is difficult and...
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How Tinder And Plenty Of Fish Make Match Group A Buy
Monday, December 14, 2015 - 9:41am | 358Match Group Inc (NASDAQ: MTCH) shares have lost 6 percent since November 20, from a high of around $16 on that day. Barclays’ Christopher D. Merwin initiated coverage of the company with an Overweight rating and a price target of $17. Headwinds from the transition to mobile are...
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Barclays' Gamers Guide For The Holiday Season
Friday, December 11, 2015 - 10:31am | 381Barclays' Christopher D. Merwin mentioned that Black Ops III seems to be up by double digits y/y. There are positive underlying growth trends in the video game industry, as it enters mid-cycle, Merwin noted. In November, Black Friday price cuts for PS4 from Sony Corp (ADR) (NYSE: SNE...
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Barclays On Activision Blizzard: 'There's A Hero Buried In The FX Storm'
Friday, February 6, 2015 - 1:45pm | 374Activision Blizzard, Inc. (NASDAQ: ATVI) reported solid fourth-quarter results on Thursday, in line with estimates on the revenue front, and slightly ahead on EPS. However, the guidance for 2015 was relatively weak, both on revenue and EPS. A report issued by Barclays on Friday attributed the...
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UPDATE: Barclays Initiates Coverage on Activision Blizzard on Multiple Positive Factors
Monday, October 21, 2013 - 10:52am | 163In a report published Monday, Barclays Capital analyst Christopher D. Merwin initiated coverage on Activision Blizzard (NASDAQ: ATVI) with an Overweight rating and $22.00 price target. In the report, Barclays Capital noted, “We are initiating coverage of Activision with an Overweight rating and $...