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How Could Singles Day Help The Biggest Company In The World?
Monday, November 10, 2014 - 3:39pm | 738Read More...It only took 17 minutes for Alibaba Group Holding Ltd (NYSE: BABA) to make $1 billion USD during Singles Day 2014, an event that initially started to celebrate those who are single. Alibaba has cleverly transformed the holiday into the Chinese version of Cyber Monday, offering massive discounts...
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UPDATE: CRT Capital Reiterates On ViaSat Following Q2:15 Earnings
Monday, November 10, 2014 - 11:00am | 147Read More...In a report published Monday, CRT Capital analyst Brian Ruttenbur reiterated a Fair Value rating on ViaSat (NASDAQ: VSAT), and raised the price target from $50.00 to $65.00. In the report, CRT Capital noted, “ViaSat reported essentially in-line Q2:15 earnings, when adjusted for a litigation...
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Google's Next Step To Control Your Smart Home
Thursday, November 6, 2014 - 10:03am | 723Read More...Apple Inc. (NASDAQ: AAPL) has manufactured its own smartphones for the past seven years while Google Inc (NASDAQ: GOOG), its chief competitor, chose to let other suppliers build Android devices. These differing strategies have defined the two firms, one as a manufacturer and the other as more...
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Why Disney's Apple-Google Deal Isn't A Big Deal
Wednesday, November 5, 2014 - 12:06pm | 964Read More...After its initial test on Apple Inc. (NASDAQ: AAPL) devices, Walt Disney Co (NYSE: DIS) announced that it would bring Disney Movies Anywhere to Android. The deal means that consumers can now watch Disney films that they purchase on virtually any device, regardless of where it was originally...
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Numerous Analysts Adjust Targets On Facebook Following Earnings
Wednesday, October 29, 2014 - 11:03am | 188Read More...Facebook Inc (NASDAQ: FB) announced positive financial results on Tuesday, with an EPS of $0.43 on revenues of $3.2 billion, beating estimates by 7.5 and 2.89 percent, respectively. On the other hand, shares of Facebook are down sharply on Wednesday as the company offered weak guidance due to...
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What To Expect From Twitter's Q3 Earnings
Monday, October 27, 2014 - 3:18pm | 285Read More...Twitter Inc (NYSE: TWTR) is scheduled to announce Q3 2014 earnings after the market close on Monday. Analysts largely estimated revenue to come in at $351 million, with the range being $332 million to $378 million. The average EBITDA estimate was close to $53 million. EPS...
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UPDATE: CRT Capital Upgrades L-3 Communications
Monday, October 13, 2014 - 5:20pm | 156Read More...L-3 Communications Holdings, Inc. (NYSE: LLL) was upgraded to Fair Value by CRT Capital on Monday with the price target raised from $90 to $115. Analysts Brian Ruttenbur and Corey Allen felt that "while additional fines and penalties are possible as well as increased expenses to upgrade...
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UPDATE: CRT Initiates Coverage On ORBCOMM Inc
Tuesday, September 30, 2014 - 11:36am | 227Read More...CRT on Tuesday initiated coverage on ORBCOMM Inc (NASDAQ: ORBC) with a Buy rating and $9 price target. Analysts Brian Ruttenbur and Corey Allen felt that ORBCOMM is “extremely well-positioned for growth” in the Machine-to-Machine (M2M) market as a leading provider with “...
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Cantor, Wedbush And Others Weigh In On Alibaba Group Holding Ltd
Friday, September 19, 2014 - 11:18am | 488Read More...Alibaba Group Holding Ltd (NYSE: BABA) is getting a lot of chatter on Twitter Friday morning, and analysts are also sharing their opinions. In the past week, Cantor Fitzgerald, Wedbush, Atlantic Equities and CRT Capital have initiated coverage on the e-commerce giant. Cantor holds a Buy...
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CRT Capital Initiates Williams-Sonoma With Fairly Valued
Friday, September 19, 2014 - 7:05am | 57Read More...Analysts at CRT Capital initiated coverage on Williams-Sonoma (NYSE: WSM) with a Fairly Valued rating. The target price for Williams-Sonoma is set to $72. Williams-Sonoma shares have surged 22.98% over the past 52 weeks, while the S&P 500 index has gained 17.63% in the same period. Williams-...
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UPDATE: CRT Capital Initiates Coverage On Alibaba Group Holding Ltd
Thursday, September 18, 2014 - 9:19am | 146Read More...In a note released Wednesday, CRT Capital analyst Neil Doshi initiated coverage of Alibaba Group Holding Ltd (NYSE: BABA) with a Buy rating and a $95 price target. Doshi commented, "If Amazon, eBay and Google were to have a baby, it would be Alibaba." More importantly, he noted it has...
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3 Positives and 4 Negatives From Zulily's Q2 Report
Thursday, August 7, 2014 - 1:28pm | 312Read More...Despite a strong second quarter, Zulily (NASDAQ: ZU) shares are under pressure due to forward-looking margin concerns. CRT Capital thinks the report was mostly strong, but prefers to sit on the sidelines for the time being. 3 Positives Strong top and bottom line results. Orders are up 92...
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UPDATE: CRT Capital Initiates Coverage On Under Armour, Notes Modest Upside
Wednesday, August 6, 2014 - 11:35am | 239Read More...CRT Capital initiated coverage on Under Armour (NYSE: UA), and while the company does possess great investment characteristics, CRT mentioned that the relatively high valuation when compared to peers limits upside, which was why it gave Under Armour a Fair Value rating. CRT Capital offered its...
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CRT Capital Initiates Under Armour With Fairly Valued
Wednesday, August 6, 2014 - 8:27am | 63Read More...Analysts at CRT Capital initiated coverage on shares of Under Armour (NYSE: UA) with a Fairly Valued rating. The target price for Under Armour is set to $70. Under Armour shares have surged 96.69% over the past 52 weeks, while the S&P 500 index has gained 13.56% in the same period. Under Armour...
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Analyst Round-up: LinkedIn
Friday, August 1, 2014 - 12:47pm | 250Read More...Following LinkedIn's (NYSE: LNKD) second quarter results, a number of analyst have issued notes describing their take on the company, and the consensus seems to be positive. BUY Equivalent Cantor Fitzgerald - Buy, $250 "Sustainable growth in corporate customers and ARPU, strong user growth/...
