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Goldman Sachs: Zillow's Long-Term Path Intact
Tuesday, April 14, 2015 - 5:31pm | 358Goldman Sachs commented on Zillow Group Inc (NASDAQ: Z) Tuesday and maintained a Buy rating while raising its price target from $120 to $155. Analysts led by Heath P. Terry said the company guided 2015 pro forma revenue at $690 million and pro forma adjusted EBITDA at $80-$85 million with Q4...
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Is There Technological Turmoil In The Financial Services Industry?
Saturday, March 14, 2015 - 12:38pm | 290Traditional financial service providers could see $4.7 billion in annual revenue migrate to online innovators, an analyst said Friday. Goldman Sachs' Heath P. Terry offered a look at the industry in a report Friday that was light on investment advise but heavy on blue-sky thinking. Trends...
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Will Twitter's Q2 Fall Victim To Law Of Large Numbers?
Monday, July 28, 2014 - 4:36pm | 343Whether Twitter (NYSE: TWTR) falls victim to the law of large numbers is a question investors will ask Tuesday when it posts second-quarter results. Stock in the social media company is down 40 percent year to date over concerns its user base can no longer grow at the exponential rate shown in...
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UPDATE: Goldman Sachs Upgrades Netflix, Notes Continuous Subscriber Growth
Tuesday, July 1, 2014 - 8:36am | 106In a report released Tuesday, Goldman Sachs analyst Heath P. Terry upgraded Netflix (NASDAQ: NFLX) from Neutral to Buy and has raised the price target from $380 to $590. Analysts at Goldman Sachs are bullish on Netflix's international growth, predict subscriber growth will continue to...
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Goldman Sachs Reiterates on Groupon Ahead of 3Q13 Results
Monday, November 4, 2013 - 10:16am | 177In a report published Monday, Goldman Sachs analyst Heath P. Terry reiterated a Buy rating and $13.00 price target on Groupon (NASDAQ: GRPN). In the report, Goldman Sachs noted, “We expect Groupon's results to modestly exceed consensus expectations when it reports 3Q earnings on Thursday, November...
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UPDATE: Goldman Sachs Raises PT on Pandora Media Following Follow-On Public Offering Price Announcement
Thursday, September 19, 2013 - 11:29am | 99In a report published Thursday, Goldman Sachs analyst Heath P. Terry reiterated a Buy rating on Pandora Media (NYSE: P), and raised the price target from $29.00 to $30.00. In the report, Goldman Sachs noted, “Pandora priced its previously announced follow-on public offering of 18.2mn shares. The...
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Goldman Sachs Reiterates Buy Rating on Groupon on Favorable Risk/Reward
Friday, August 16, 2013 - 9:58am | 106In a report published Friday, Goldman Sachs analyst Heath P. Terry reiterated a Buy rating and $13.00 price target on Groupon (NASDAQ: GRPN). In the report, Goldman Sachs noted, “We believe the opportunity for Groupon in local is significant and that the company's critical mass of users and...
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Goldman Sachs Reiterates Buy Rating on Trulia Ahead of Expected Strong Fundamentals
Friday, August 16, 2013 - 9:46am | 94In a report published Friday, Goldman Sachs analyst Heath P. Terry reiterated a Buy rating and $48.00 price target on Trulia (NYSE: TRLA). In the report, Goldman Sachs noted, “We expect strong fundamentals driven by improved housing demand, mobile proving accretive to consumer usage and...
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Goldman Sachs Reiterates Buy Rating on Priceline.com on Favorable Risk/Reward
Friday, August 16, 2013 - 9:45am | 117In a report published Friday, Goldman Sachs analyst Heath P. Terry reiterated a Buy rating and $1,200.00 price target on Priceline.com (NASDAQ: PCLN). In the report, Goldman Sachs noted, “We believe the risk/reward for owning Priceline is favorable given the multiple angles of dislocation in...
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Goldman Sachs Reiterates CL-Buy Rating on eBay on Multiple Positive Factors
Friday, August 16, 2013 - 9:45am | 131In a report published Friday, Goldman Sachs analyst Heath P. Terry reiterated a Conviction List Buy rating and $63.00 price target on eBay (NASDAQ: EBAY). In the report, Goldman Sachs noted, “We expect both PayPal and Marketplaces to continue to benefit from positive ecommerce and mobile trends...
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UPDATE: Goldman Sachs Upgrades Pandora on Monetization, Subs Opportunity
Friday, August 16, 2013 - 9:00am | 153In a report published Friday, Goldman Sachs analyst Heath P. Terry upgraded Pandora (NYSE: P) from Neutral to Buy, and raised the price target from $18.00 to $27.00. In the report, Goldman Sachs noted, “We are upgrading Pandora to Buy from Neutral with a $27, 12-month price target, 36% upside...
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UPDATE: Goldman Sachs Raises PT on Priceline.com Following 2Q Bookings Growth Report
Friday, August 9, 2013 - 10:11am | 154In a report published Friday, Goldman Sachs analyst Heath P. Terry reiterated a Buy rating on Priceline.com (NASDAQ: PCLN), and raised the price target from $985.00 to $1,200.00. In the report, Goldman Sachs noted, “Priceline reported 2Q gross bookings growth of +38% yoy vs. consensus of +36%...
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UPDATE: Goldman Sachs Raises PT on comScore Following 2Q13 Revenues Report
Friday, July 26, 2013 - 11:12am | 138In a report published Friday, Goldman Sachs analyst Heath P. Terry reiterated a Neutral rating on comScore (NASDAQ: SCOR), and raised the price target from $17.00 to $27.00. In the report, Goldman Sachs noted, “comScore reported 2Q13 revenues of $69.9 mn (+21.5% yoy on a pro-forma basis vs. +12.1...
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UPDATE: Goldman Sachs Upgrades OpenTable to Buy on Mobile/Cloud Opportunities
Friday, July 26, 2013 - 11:11am | 140In a report published Friday, Goldman Sachs analyst Heath P. Terry upgraded the rating on OpenTable (NASDAQ: OPEN) from Neutral to Buy, and raised the price target from $54.00 to $76.00. In the report, Goldman Sachs noted, “We are upgrading OpenTable to Buy from Neutral with a $76 12-month target...