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The Street Stays Bullish On Netflix Following Q4 Earnings
Friday, January 18, 2019 - 10:40am | 1042Streaming video giant Netflix, Inc. (NASDAQ: NFLX) reported its fourth-quarter results highlighted by an earnings beat and a slight revenue miss, while domestic and international subscriber additions came in better than expected. The company guided its first-quarter EPS and revenue to be 56 cents...
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Goldman Sachs Likes Etsy After Strong Year, Upgrades Stock To Buy
Friday, January 4, 2019 - 2:15pm | 296E-commerce platform Etsy Inc (NASDAQ: ETSY) more than doubled in value throughout 2018 and Goldman Sachs sees further upside ahead as the Street is underestimating the company's prospects. The Analyst Goldman Sachs' Heath Terry upgraded Etsy from Neutral to Buy with a price target lifted...
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Goldman Sachs Adds Netflix To 'Conviction Buy' List
Friday, January 4, 2019 - 11:42am | 357Netflix, Inc. (NASDAQ: NFLX) led the market higher on Friday morning after one Wall Street firm added the stock to its list of top stocks to buy. The Analyst Goldman Sachs analyst Heath Terry reiterated his Buy rating and $400 price target for Netflix and added the stock to Goldman’s "...
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Twitter Flies After Q3 Earnings; Analysts Weigh In On What To Do With The Stock
Friday, October 26, 2018 - 3:42pm | 779Twitter Inc (NYSE: TWTR) reported Thursday a top-and-bottom-line beat in its third-quarter results, but certain user metrics fell short of expectations. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Goldman Sachs' Heath Terry maintains a Buy...
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3 Reasons Why Goldman Sachs Is Incrementally Bullish On Twitter
Thursday, July 12, 2018 - 3:22pm | 361Goldman Sachs reaffirmed a bullish view of Twitter Inc (NYSE: TWTR) on Thursday, raising its estimates with an eye on 2020. The Analyst Goldman Sachs’ Heath Terry reiterated a Buy rating on Twitter and raised the price target from $40 to $55. The Thesis Twitter shares are up over 87...
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Goldman Sachs Raises Netflix Price Target To $490, Projects Positive Cash Flow By 2022
Wednesday, June 13, 2018 - 1:32pm | 390One of Netflix, Inc. (NASDAQ: NFLX)'s biggest negatives is free cash flow, but it's a concern that will subside as the company exits 2018, according to Goldman Sachs. The Analyst Goldman Sachs' Heath Terry maintained a Buy rating on Netflix's stock with a price...
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A Spotify Sell-Side Roundup: Wall Street Largely Bullish On Streaming Platform's Stock
Wednesday, May 2, 2018 - 1:14pm | 753The quiet period for streaming music provider Spotify Technology SA (NYSE: SPOT) expired Monday, which means all research firms are permitted to publish reports on the stock. Here's what the Street is saying. The Analysts Evercore ISI's Anthony DiClemente initiated...
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Despite 'Challenging' Economics, Goldman Sachs Is Bullish On Spotify
Monday, April 30, 2018 - 1:51pm | 330Streaming music provider Spotify Technology SA (NYSE: SPOT) is the leader in the online music space and has plenty of room for further growth ahead, according to Goldman Sachs. The Analyst Goldman Sachs' Heath Terry initiated coverage of Spotify's stock with a Buy rating and $190 price...
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What To Expect In Netflix's Q1 Earnings Report
Friday, April 13, 2018 - 2:48pm | 822Netflix, Inc. (NASDAQ: NFLX) is scheduled to report its first quarter results on Monday and expectations are high based on the options market, which is pricing in a 10 percent move in either direction. The company is expected to post earnings of 64 cents per share on sales of $3.69 billion. The...
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Goldman Sachs Raises Netflix Price Target Ahead Of Q1 Print
Wednesday, April 11, 2018 - 10:42am | 371Netflix, Inc. (NASDAQ: NFLX) is scheduled to report first-quarter results April 16 after the close. The print is likely to come in ahead of consensus estimates due to a strong content slate, new distribution partners and returns from marketing investments, according to Goldman Sachs. The...
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Goldman Sachs: One Stock To Buy, One To Sell And One To Hold In Content Management
Sunday, March 25, 2018 - 4:00pm | 684The content management space has an immediately addressable market size of $18 billion, Goldman Sachs said in an industrywide report. When tangential product offerings are included, the market size swells to $150 billion. The Analyst Goldman Sachs' Mark Grant and Heath Terry initiated...
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Goldman Sachs Downgrades Blue Apron, Still Views It As Leader In Meal-Kit Delivery
Thursday, August 10, 2017 - 3:25pm | 372Beleaguered Blue Apron Holdings Inc (NYSE: APRN) got another punch to the gut Thursday, getting downgraded by Goldman Sachs from Buy to Neutral because of operational issues related to the food-delivery service’s fulfillment center. Higher Error Rates And Lower Orders Shares of the June IPO...
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Wall Street Weighs In On Amazon's Earnings Miss
Friday, July 28, 2017 - 2:45pm | 634Amazon.com, Inc. (NASDAQ: AMZN) shares tumbled more than 2 percent on Friday after the company’s second-quarter earnings report fell short of the markets expectations. A number of Wall Street analysts weighed in on Amazon following the report. Here’s a rundown of what they had to say....
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The Sell-Side Weighs In On Blue Apron
Monday, July 24, 2017 - 6:35pm | 739Blue Apron Holdings Inc (NYSE: APRN) shares jumped 13 percent on Monday after a number of its IPO underwriters weighed in on the stock for the first time following the expiration of the mandatory post-IPO quiet period. Here’s a rundown of what Wall Street had to say about Blue Apron. Barclays...
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Content Is King: Expect Further Upside For Netflix
Tuesday, July 18, 2017 - 10:43am | 332After reporting a huge beat in subscriber gains in the second quarter and setting Q3 guidance well above the Street’s estimates, shares of Netflix, Inc. (NASDAQ: NFLX) rocketed over 9 percent to a new all-time high to open Tuesday at $176.12. Despite the gain, Goldman Sachs analyst Heath...