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UPDATE: JG Capital Initiates LinkedIn Corporation at Neutral on Earnings Expectations
Thursday, January 24, 2013 - 2:58pm | 109JG Capital initiated coverage on LinkedIn Corporation (NYSE: LNKD) with a Neutral rating and a $135.00 price target. JG Capital commented, "LinkedIn.com is the world's largest professional social network with >187mm members, growing significantly from 2mm members in 2004. Given LNKD's TAM of...
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UPDATE: JG Capital Initiates Coverage on TripAdvisor with Overweight Rating, $50 PT
Monday, January 7, 2013 - 1:12pm | 153In a report published Monday, JG Capital initiated coverage on TripAdvisor (NASDAQ: TRIP) with an Overweight rating and $50.00 price target. JG Capital noted, “TripAdvisor is the leader of travel review websites in terms of traffic, content scale and social integration, with a large and expanding...
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UPDATE: JG Capital Initiates Baidu.com at Overweight
Thursday, December 6, 2012 - 11:48am | 152JG Capital has published a research report on Baidu.com (NASDAQ: BIDU) and initiated coverage with an Overweight rating and $121 price target. In the report, JG Capital wrote, "Baidu, Inc. (BIDU) is the most popular Chinese language Internet search provider and is also the most visited Chinese...
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UPDATE: JG Capital Initiates Coverage on Expedia with Overweight Rating, $75 PT
Wednesday, December 5, 2012 - 1:24pm | 132In a report published Wednesday, JG Capital initiated coverage on Expedia (NASDAQ: EXPE) with an Overweight rating and $75.00 price target. JG Capital noted, “We believe Expedia is one of the best online internet travel players, driven by its scale as the world's largest online travel agent (OTA)...
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JG Capital Reiterates Overweight Rating, $185 PT on salesforce.com
Wednesday, November 21, 2012 - 11:43am | 112In a report published Wednesday, JG Capital reiterated its Overweight rating and $185.00 price target on salesforce.com (NYSE: CRM). JG Capital noted, “For FQ4 (Jan), they guided to $825-830M and 38-40c, which is in-line with consensus. Deferred revs are expected to grow in the mid-to-high-20%...
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UPDATE: JG Capital Initiates Priceline.com at Overweight; Exposed to Demand for Bargain Deals
Tuesday, November 20, 2012 - 2:58pm | 101JG Capital initiated coverage on Priceline.com (NASDAQ: PCLN) with an Overweight rating and a $780 price target. JG Capital commented, "Priceline.com, in our view, is the best on-line travel site for bargain hunters. By taking suppliers' excess inventory and marking it down, Priceline.com is...
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UPDATE: JG Capital Initiates Coverage on New Oriental with Overweight Rating, $24 PT
Monday, October 15, 2012 - 1:05pm | 133In a report published Monday, JG Capital initiated coverage on New Oriental Education & Technology Group (NYSE: EDU) with an Overweight rating and $24.00 price target. JG Capital noted, “EDU is the best way to play the growth in China's private education market. Now that the SEC has found no...
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UPDATE: JG Capital Initiates Splunk at Overweight on Upside Outlook
Tuesday, October 9, 2012 - 2:18pm | 101JG Capital initiated coverage on Splunk (NASDAQ: SPLK) with an Overweight rating and a $40 price target. JG Capital noted, "Splunk's differentiator is its proprietary machine data engine, comprised of collection, indexing, search and data management capabilities. … We think upside to our...
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UPDATE: JG Capital Initiates Ctrip.com International at Neutral on Competitive Concerns
Tuesday, October 2, 2012 - 2:31pm | 104JG Capital initiated coverage on Ctrip.com International (NASDAQ: CTRP) with a Neutral rating and a $16.13 price target. JG Capital noted, "Ctrip is the largest travel service provider for hotels, airline tickets and packaged tours in China. They aggregate information on hotels and flights and...
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UPDATE: JG Capital Initiates Overweight, $35 PT on Cornerstone OnDemand
Tuesday, August 14, 2012 - 11:53am | 90JG Capital initiated its coverage on Cornerstone OnDemand (NASDAQ: CSOD) with an Overweight rating and a price target of $35 a share. JG Capital noted, "CSOD's solutions are flexible, highly configurable, easy-to-use, personalized, less expensive to own, scalable and offer faster delivery of...