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Goldman On Zillow: Traffic Growth Is Strong, Litigation Overhang Removed
Thursday, June 16, 2016 - 11:13am | 253Read More...According to the comScore data, unique visitors to Zillow Group, Inc.- Class A (NASDAQ: ZG) grew 32 percent year-on-year during April and May, consistent with 1Q. Goldman Sachs’ Heath P. Terry maintains a Buy rating on the company, while raising the price target from $34 to $38. Upside...
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LendingClub's Lender Demand Issues Still Persist
Wednesday, May 18, 2016 - 11:10am | 262Read More...LendingClub Corp (NYSE: LC) filed its 10-Q on May 16, including further details regarding the events that led to the resignation of the CEO, as well as details regarding slowing loan growth since the announcement. The 10-Q also included disclosure of additional regulatory and legal risks....
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Keep Buying GrubHub, Says Goldman
Wednesday, May 4, 2016 - 9:03am | 252Read More...GrubHub Inc (NYSE: GRUB) reported robust 1Q revenues of $112 million, representing 27 percent y/y growth and 36 percent q/q growth. Goldman Sachs’ Heath P. Terry maintained a Buy rating for the company, while raising the price target from $28 to $31. The analyst expects operating leverage...
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Amazon Could Reach $240 Billion In GMV This Year
Tuesday, May 3, 2016 - 9:52am | 336Read More...Goldman Sachs’ Heath P. Terry believes that with third party units growing from 36 percent to 48 percent of the total at Amazon.com, Inc. (NASDAQ: AMZN) over the past five years, “reported revenue growth has come to mask the true growth in Amazon’s share of retail spending....
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LinkedIn's Users, Engagement And Data Make It 'Significantly' More Valuable
Friday, April 29, 2016 - 9:05am | 232Read More...LinkedIn Corp (NYSE: LNKD) reported its 1Q16 revenue and adjusted EBITDA ahead of expectations. Goldman Sachs’ Heath P. Terry maintained a Buy rating for the company, while raising the price target from $155 to $162. The analyst commented that although the company continues to struggle with...
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Core Marketplaces Should Drive eBay's Q1 Report
Tuesday, April 26, 2016 - 10:33am | 328Read More...eBay Inc (NASDAQ: EBAY) is set to report its 1Q16 results after market close on April 26. Goldman Sachs’ Heath P. Terry maintained a Buy rating for eBay, with a price target of $30, saying that the company is likely to report its 1Q results broadly in-line with expectations, driven by core...
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Goldman Still Buying Amazon Following AWS Summit
Wednesday, April 20, 2016 - 12:17pm | 216Read More...Amazon.com, Inc. (NASDAQ: AMZN) hosted its AWS Summit in Chicago on April 18 and 19. Goldman Sachs’ Heath P. Terry maintained a Buy rating for Amazon, with a price target of $720, while the company continues to be on the Conviction List. Key Highlights Of AWS Summit Analyst Heath Terry...
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Goldman Sees Little Near-Term Impact For Yahoo, Remains Neutral On Stock
Wednesday, April 20, 2016 - 7:59am | 296Read More...Goldman Sachs’ Heath P. Terry expects little impact on Yahoo! Inc. (NASDAQ: YHOO)'s stock valuation in the near- to mid-term from the company’s fundamental performance. Terry maintained a Neutral rating on Yahoo, while raising the price target of $37 to $38. The analyst...
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Netflix International Growth Missed Expectations Because Of Limited Language And Credit Card Options
Tuesday, April 19, 2016 - 10:01am | 291Read More...Goldman Sachs’ Heath P. Terry believes that the potential for revenue growth acceleration going forward makes the risk/reward on Netflix, Inc. (NASDAQ: NFLX) favorable. Terry maintained a Buy rating on the company, while lowering the price target from $130 to $120. 1Q Results Terry...
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Goldman Considers Yahoo's Strategic Options, Raises Target To $37
Thursday, March 24, 2016 - 8:07am | 270Read More...Goldman Sachs’ Heath P. Terry maintained a Neutral rating on Yahoo! Inc. (NASDAQ: YHOO), while raising the price target from $33 to $37. Core Spinoff “Yahoo’s current core plan is to spin the business, together with Yahoo Japan into an independent company, with the RemainCo...
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Goldman Meets With LinkedIn Exec, Still Thinks Stock Will Double
Wednesday, February 10, 2016 - 10:28am | 312Read More...LinkedIn Corp (NYSE: LNKD) shares have lost 53 percent since January 11. Goldman Sachs’ Heath P. Terry maintained a Buy rated for the company, with a price target of $200. Terry mentioned the key takeaways from the Goldman Sachs Technology & Internet Conference. CFO Steve...
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Goldman Sees 'Peak Travel,' Downgrades Priceline To Neutral, TripAdvisor To Sell
Wednesday, January 27, 2016 - 9:55am | 534Read More...Priceline Group Inc (NASDAQ: PCLN) shares have lost 13 percent since December 28, while shares of Tripadvisor Inc (NASDAQ: TRIP) are down 18 percent. Goldman Sachs’ Heath P. Terry downgraded the ratings and lowered the price targets for both companies. The online travel space is now...
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Goldman Sees Execution Risks At Twitter, Lowers Price Target To $28
Tuesday, January 26, 2016 - 11:37am | 310Read More...Shares of Twitter Inc (NYSE: TWTR) have declined 58.63 percent over the past year, dropping to a low of $16.69 on January 19. Heath P. Terry of Goldman Sachs has maintained a Buy rating on the company, while lowering the price target from $40 to $28. Although Twitter continues to hold...
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4 Key Risks Goldman Sees At Twitter
Wednesday, October 28, 2015 - 9:58am | 279Read More...The share price of Twitter Inc (NYSE: TWTR) has declined 33.45 percent over the last six months, from a high of $42.27 on April 28. Heath P. Terry of Goldman Sachs has maintained a Buy rating on the company, while lowering the price target from $44 to $40. Although Terry sees four key risks...
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Goldman Maintains Buy On PayPal, Sees Near 30% Upside
Monday, October 26, 2015 - 9:18am | 289Read More...Paypal Holdings Inc (NASDAQ: PYPL) has seen a 3.61 percent jump in its share price over the past month, with a high of $35.23 on October 23. Goldman Sachs’ Heath P. Terry has maintained a Buy rating and price target of $45 on the company. Terry has added the stock to the Americas...
