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4 Palantir Analysts Debate Data Analytics Company's Mixed Q4, Eye End Of Lockup Period
Wednesday, February 17, 2021 - 1:02pm | 826Palantir Technologies Inc (NYSE: PLTR) shares lost 12.75% Tuesday in reaction to mixed fourth-quarter results. Here's what the Street has to say. The Palantir Analysts: Goldman Sachs analyst Christopher Merwin upgraded Palantir from Neutral to Buy and increased the price...
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Palantir Analysts Mixed On Data Company, Debate Market Opportunity, Discounted Valuation
Monday, October 26, 2020 - 11:35am | 788With the IPO quiet period on Palantir Technologies Inc (NYSE: PLTR) expiring, sell-side initiations of the stock are underway. The Palantir Analysts: Morgan Stanley analyst Keith Weiss initiated coverage of Palantir with an Overweight rating and $13 price target. Credit Suisse analyst...
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Goldman Sachs Upgrades Shopify On 'Significant' E-Commerce Opportunity
Tuesday, July 28, 2020 - 11:40am | 345Accelerated e-commerce penetration is expected to provide a “sustained tailwind” to Shopify Inc’s (NYSE: SHOP) gross merchandise value growth and merchant solutions revenue, according to Goldman Sachs. The Shopify Analyst: Christopher Merwin upgraded Shopify from Neutral to...
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The Street Debates Bill.com's Stock
Monday, January 6, 2020 - 4:55pm | 605Multiple Wall Street analysts on Monday initiated coverage of Bill.com Holdings Inc (NYSE: BILL), a provider of automated payment solutions for small-and-medium size businesses. First Mover Advantage Bill enjoys a first-mover advantage in the SMB back-office financial automation category and it...
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Lifetouch Acquisition Is A Game Changer For Shutterfly, Goldman Sachs Says In Upgrade
Wednesday, May 2, 2018 - 12:57pm | 356Shutterfly, Inc. (NASDAQ: SFLY) reported first-quarter earnings Tuesday after the close. The photo service posted a loss, but it was smaller than the Street expected. The Analyst Goldman Sachs analyst Christopher Merwin upgraded Shutterfly from Sell to Neutral and increased the price...
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Time To Take Profits In Shutterfly? Goldman Sachs Downgrades
Wednesday, January 17, 2018 - 1:13pm | 404After an encouraging two months, the ever-volatile Shutterfly, Inc. (NASDAQ: SFLY) has just about maxed its potential, according to Goldman Sachs. The stock earned a downgrade Wednesday aligning one analyst with the 20-percent short interest. The Rating Goldman Sachs analyst Christopher...
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Groupon Bears Are Dwindling As Business Stabilizes
Wednesday, January 17, 2018 - 11:34am | 362The market is gradually warming to Groupon Inc (NASDAQ: GRPN), which boasted a positive back half to 2017. The firm won an upgrade Wednesday from Goldman Sachs, bringing its ratings ratio to nine Holds, three Sells and four Buys. The Rating Goldman Sachs analyst Christopher Merwin upgraded...
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Goldman Sees Opportunity In Activision After Gaming Stock Sell-Off
Tuesday, December 12, 2017 - 5:03pm | 314Activision Blizzard, Inc. (NASDAQ: ATVI) reported better-than-expected earnings Nov. 2 and raised its full-year guidance. The Analyst Goldman Sachs' Christopher Merwin upgraded the stock from Neutral to Buy and raised the price target from $67 to $73. The Thesis Merwin sees the stock...
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Analyst Sees 21% Upside In ANGI HomeServices
Wednesday, October 11, 2017 - 3:30pm | 517Goldman Sachs sees Angie's List Inc (NASDAQ: ANGI)'s ANGI HomeServices as the best house on the block with a new addition. ANGI HomeServices, a product of the merger between Angie's List and IAC/InterActiveCorp (NASDAQ: IAC)'s HomeAdvisor made its Wall Street debut Oct. 2. As such, Goldman...
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Goldman Sachs: Groupon's Economics Are Getting Worse
Wednesday, October 11, 2017 - 2:07pm | 438Analysts at Goldman Sachs hold a bearish view on Groupon Inc (NASDAQ: GRPN) as investors are likely "too optimistic" on the company's growth profile. The firm's Christopher Merwin initiated coverage of Groupon with a Sell rating and $4.70 price target. Groupon has succeeded in...
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Yelp Story Is Now About Catalysts Vs. Competitive Pressure
Wednesday, October 11, 2017 - 1:02pm | 504Goldman Sachs sees the Yelp Inc (NYSE: YELP) story as one of the positive near-term catalysts pitched against long-term competitive pressure. The firm believes long-term risks will cap Yelp's multiple for now. As such, Goldman assumed coverage of Yelp with a Neutral rating and a $42 price target...
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Game Names Looking Attractive; Goldman Likes EA And Take-Two Interactive
Friday, September 8, 2017 - 3:35pm | 523Analysts at Goldman Sachs began coverage of the video game sector with an Attractive view, saying publishers are "in the midst of a renaissance." Video game publishers are in the process of shifting themselves to become a more predictable, higher margin and cash-generative story, Goldman Sachs'...
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'Call Of Duty' Sales Disappoint According To Retailers
Thursday, December 15, 2016 - 3:22pm | 366Barclays said in a note Thursday Activision Blizzard, Inc. (NASDAQ: ATVI) could be bracing for soft "Call of Duty " sales, given the inputs from a number of retailers and third-party data services, including NPD. "Call of Duty " is a first-person shooter video game franchise owned by Activision....
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The Voyage To Recovery For TripAdvisor Just Got A Good Deal Longer
Thursday, November 10, 2016 - 12:14pm | 305Barclays remains sidelined on Tripadvisor Inc (NASDAQ: TRIP) as weak third-quarter results suggest heightened pressure on the top line from continued challenges in Instant Book (IB) transition and the shift to mobile. The shares of TripAdvisor fell heavily Wednesday on disappointing numbers. During...
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Electronic Arts Delivers In Q2, Setting Up Nicely For Holidays
Wednesday, November 2, 2016 - 2:46pm | 340A day after Electronic Arts Inc. (NASDAQ: EA) delivered an earnings beat for the second quarter, Barclays increased its EPS estimate for the fiscal year 2017 from $3.65 to $3.77. As a result, the firm boosted its target price by $6 from $88 to $94 while maintaining an Overweight rating on the stock...