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Facebook Q1 Paints A Picture Of Strength; Video To Come To The Fore This Year
Thursday, May 4, 2017 - 9:30am | 365Read More...UBS raised its price target for Facebook Inc (NASDAQ: FB) Thursday after the social media platform reported first-quarter results that analyst Eric J. Sheridan called "solid." Facebook reported a Q1 EPS of $1.04 after the close Wednesday, missing estimates by $0.08; sales of $8.032...
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UBS Has A Couple Reservations About Buying Expedia Shares
Friday, July 29, 2016 - 10:42am | 336Read More...Expedia Inc (NASDAQ: EXPE) reported mixed results for Q2. UBS’s Eric J. Sheridan maintained a Buy rating on the company, while reducing the price target from $145 to $142. He commented on the positives and negatives Expedia exhibited in its second quarter. 2Q Negatives Analyst Eric...
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Google's Ad Revenue Surprises Doubtful Investors
Friday, July 29, 2016 - 9:46am | 295Read More...Alphabet Inc’s (NASDAQ: GOOGL) 2Q16 results dispel investor concerns, as the company “continued to build on recent business strength,” UBS’s Eric J. Sheridan said in a report. He maintained a Buy rating on the company, while raising the price target from $880 to $925....
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UBS Data Shows Expedia, Priceline Doing Well...But Don't Sleep On TripAdvisor
Monday, March 28, 2016 - 10:33am | 323Read More...UBS’ Eric J. Sheridan reiterated Buy ratings for Expedia Inc (NASDAQ: EXPE) and Priceline Group Inc (NASDAQ: PCLN), while saying that he was “incrementally more positive” on Neutral-rated Tripadvisor Inc (NASDAQ: TRIP). The price targets for Expedia and Priceline are at $145, $1...
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Why UBS Is Selling Yelp And Groupon
Wednesday, March 9, 2016 - 10:35am | 359Read More...UBS’s Eric J. Sheridan downgraded the ratings for Yelp Inc (NYSE: YELP) and Groupon Inc (NASDAQ: GRPN) from Neutral to Sell, saying that the performance of the two companies is likely to be hit by increased competition and share gains by bigger players. Analyst Eric Sheridan believes that...
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UBS Downgrades Groupon To Sell, Sees a Lack of Scale
Wednesday, March 9, 2016 - 9:23am | 261Read More...UBS’ Eric J. Sheridan downgraded the rating for Groupon Inc (NASDAQ: GRPN) from Neutral to Sell, while maintaining a price target of $3.20. The analyst said that the pressure on the company’s business was unlikely to ease in the medium term. Groupon’s shares are currently...
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UBS Discounts Potential Bidding War For AOL
Thursday, May 14, 2015 - 1:01pm | 338Read More...AOL, Inc. (NYSE: AOL) is unlikely to see additional bidders step forward to challenge its $50 per share acquisition by Verizon Communications Inc. (NYSE: VZ), an analyst said Thursday. AOL changed hands recently at $50.59, down $0.18. UBS' Eric J. Sheridan said it's "unlikely...
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Analysts Keep Priceline Ratings Intact Despite Slowing Growth
Tuesday, August 12, 2014 - 12:01pm | 361Read More...Priceline Group's (NASDAQ: PCLN) second-quarter earnings beat pleased analysts even as growth in room nights slowed for the second consecutive period. Second-quarter performance "offered no surprises" for those bullish on Priceline, according to Deutsche Bank's Ross Sandler,...
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Analysts Cut Zynga Targets On Lower Outlook
Friday, August 8, 2014 - 2:52pm | 362Read More...Zynga's (NASDAQ: ZNGA) disappointing results and its disclosure that product launch delays will result in lower-than-expected 2014 earnings drew disapproval from Wall Street analysts Friday. "So far, Zynga has failed to deliver," Macquarie's Benjamin Schachter said in a note...
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Tripadvisor Falls Sharply On Q2 Miss; Analysts Say Growth Priced In
Thursday, July 24, 2014 - 12:59pm | 222Read More...Tripadvisor (NASDAQ: TRIP) shares fell sharply Thursday after it missed second-quarter profit expectations and said higher advertising costs will cut future earnings. The stock traded recently down 8.6 percent to $98.06. SunTrust's Robert Peck maintained a Neutral rating for the online...
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UPDATE: UBS Investment Research Raises PT on LinkedIn on Valuation
Friday, August 2, 2013 - 11:23am | 130Read More...In a report published Friday, UBS Investment Research analyst Eric J. Sheridan reiterated a Neutral rating on LinkedIn (NYSE: LNKD), and raised the price target from $180.00 to $230.00. In the report, UBS Investment Research noted, “LinkedIn delivered a better than expected result, but for the...
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UPDATE: UBS Investment Research Raises PT on Activision Blizzard Following Revenue/EPS Report
Friday, August 2, 2013 - 10:51am | 181Read More...In a report published Friday, UBS Investment Research analyst Eric J. Sheridan reiterated a Buy rating on Activision Blizzard (NASDAQ: ATVI), and raised the price target from $17.00 to $21.00. In the report, UBS Investment Research noted, “Activision delivered revs and EPS in line with its...
