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Take-Two Beats Q4 Estimates, Pushes Back 2K Game: Analysts Weigh In
Thursday, May 17, 2018 - 12:26pm | 417Take-Two Interactive Software, Inc (NASDAQ: TTWO) announced its fourth-quarter earnings after the close Wednesday. EPS and sales both beat consensus estimates, though the initial guidance for fiscal 2019 fell short. Here’s a rundown of what several Wall Street Analysts had to say after...
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Baird: Will Data Scandal Impact Facebook Usage Metrics?
Monday, March 26, 2018 - 11:43am | 364Depending on who you ask, Facebook, Inc. (NASDAQ: FB)'s data privacy fiasco may or may not spell the beginning of the end of the social media giant. The Analyst Baird Equity Research's Colin Sebastian maintains an Outperform rating on Facebook's stock with a price target lowered from...
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6 Analysts React To The PayPal-eBay Split
Thursday, February 1, 2018 - 5:41pm | 735PayPal Holdings Inc (NASDAQ: PYPL) and eBay Inc (NASDAQ: EBAY) are headed in opposite directions after eBay announced it will switch to a new payments processor starting in 2020. A number of Wall Street analysts weighed in on the two stocks following the report. Voices From The Street ◘...
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Facebook's Q4 Earns A 'Like' From Some, But Not All Of Wall Street
Thursday, February 1, 2018 - 1:15pm | 906Shares of Facebook Inc (NASDAQ: FB) hit a new all-time high of $195.32 Thursday despite some concerning metrics in its fourth quarter earnings report. Here is a roundup of what some of Wall Street's top analysts are saying after the print. Morgan Stanley: Early Stages Of Growth Facebook's...
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Mobile Monetization Makes Its Mark In Activision's Q3 Beat
Friday, November 3, 2017 - 11:38am | 486Digital and mobile monetization played a big role in Activision Blizzard, Inc. (NASDAQ: ATVI)'s third quarter earnings beat, Baird Equity Research's Colin Sebastian said in a research report. The video game company reported a 17 percent year-over-year increase in its third quarter revenue...
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Sell-Side Sold On PayPal's Q3, Bumps Up Price Targets
Friday, October 20, 2017 - 2:53pm | 757Paypal Holdings Inc (NASDAQ: PYPL) reported Thursday after the market close third-quarter results, which showed 21-percent revenue growth to $3.24 billion and 31 percent non-GAAP earnings per share growth to 46 cents. The payment processing platform said active customer accounts totaled 218...
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Google Buys HTC Division That Designed Its Pixel Smartphones
Thursday, September 21, 2017 - 3:55pm | 510Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) announced through a blog post that it has reached an agreement with HTC Corporation (OTC: HTCKF), which provided for a team of HTC talent who were already working with Google closely on the Pixel smartphone line up, will join the company's hardware...
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Here's Why Baird Is Impressed With Alibaba
Friday, August 18, 2017 - 11:23am | 587After Alibaba Group Holding Ltd (NYSE: BABA) delivered a beat for the first quarter of fiscal 2018, Baird analysts are recommending investors “add to positions.” The e-commerce giant reported a Q1 adjusted EPS of $1.17 against a 93-cent estimate and sales of $7.403 billion against a $7....
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Hulu Contract, Macie Launch Support Bullish View On Amazon's Cloud Market Opportunity
Wednesday, August 16, 2017 - 10:32am | 454Amazon.com, Inc. (NASDAQ: AMZN)'s ongoing momentum in its cloud business called AWS continues to impress Wall Street's top analysts, including Baird Equity Research's Colin Sebastian. The analyst maintains an Outperform rating on Amazon's stock with an unchanged $1,100 price target, partly due to...
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What Are Wall Street's Top Analysts Saying About PayPal's Earnings?
Thursday, July 27, 2017 - 2:16pm | 934Paypal Holdings Inc (NASDAQ: PYPL) reported on Wednesday its second-quarter results, which helped boost the stock to a new all-time high of $61.30 on Thursday. Here is a roundup of what some of Wall Street's top analysts are saying after the print. Oppenheimer: 'Stellar' Quarter...
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PayPal's Q2 Was Strong, But Valuation Has Some Analysts Concerned
Thursday, July 27, 2017 - 10:52am | 546Expectations heading into Paypal Holdings Inc (NASDAQ: PYPL)'s earnings report on Wednesday were "elevated," but the company certainly delivered — total payment volume, revenue, and non-GAAP earnings per share exceeded what analysts at Stifel were expecting. But at the same time, the firm's...
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A Mid-Year Review Of Baird's Favorite Internet Stocks
Friday, June 30, 2017 - 2:54pm | 882The technology-weighted NASDAQ Composite hit an all-time closing high on June 8, and subsequently, the tech space has seen some degree of pullback, giving rise to chatter about a meltdown in the tech space. It is against this backdrop that Baird presented a mid-year review of its favorite...
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Nintendo Switch Gives GameStop An Extra Life In Q1
Friday, May 26, 2017 - 10:51am | 425After reporting better-than-expected first-quarter results, Baird analyst Colin Sebastian maintains his Outperform rating and $24 price target on GameStop Corp. (NYSE: GME). He said: “We remain encouraged by continuing growth in the company's non-physical gaming segments. While Switch...
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Investors Look To Alibaba's Upcoming Investor Day After Q4 Bottom-Line Miss
Friday, May 19, 2017 - 1:25pm | 540Following Alibaba Group Holding Ltd (NYSE: BABA) fiscal year fourth-quarter results, Baird said the attention now turns to its upcoming Investor Day scheduled for June 8. The firm noted that the management suggested on the call that it would introduce its 2018 guidance at the Investor Day. The...
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Wall Street's Reaction To Facebook's Q1: The Good, The Bad And The Ugly
Saturday, May 6, 2017 - 9:05am | 1019Shares of Facebook Inc (NASDAQ: FB) traded as low as $148.72 Thursday morning after the company reported its first-quarter report Wednesday afternoon. Here is a round-up of what some of Wall Street's most notable Facebook analysts are saying. Baird: Strong Report With Some Overhangs Baird...