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UPDATE: Stifel Downgrades RetailMeNot
Friday, May 23, 2014 - 10:27am | 218Stifel downgraded RetailMeNot (NASDAQ: SALE) to Hold due to a major Google algorithm change that hit the retailer that reduced estimates. Stifel analyst Jordan Rohan stated, "rating on shares of RetailMeNot from BUY to HOLD. Google (Hold, $555.45) released an update to its search algorithm,...
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UPDATE: Stifel Reiterates on Facebook as Earnings Momentum Continues
Thursday, April 24, 2014 - 10:25am | 150In a report published Thursday, Stifel analyst Jordan Rohan reiterated a Buy rating on Facebook (NASDAQ: FB), but lowered the price target from $82.00 to $80.00. In the report, Stifel noted, “While Facebook reported what we view as strong 1Q results, the magnitude of the revenue beat was, for the...
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UPDATE: Stifel Initiates Coverage on Care.com on Category Leader Position
Tuesday, February 18, 2014 - 9:06am | 133In a report published Tuesday, Stifel analyst Jordan Rohan initiated coverage on Care.com (NYSE: CRCM) with a Hold rating. In the report, Stifel noted, “Care.com helps consumers find the best child care, elder care, and other services, replacing word-of-mouth, personal referrals, or agencies with...
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Angie's List Fourth Quarter Results: Buying Opportunity Or Further Downside Ahead?
Thursday, February 13, 2014 - 5:38pm | 715On Wednesday, Angie's List (NASDAQ: ANGI) reported its fourth quarter results. The company announced an EPS of $0.05, missing the consensus estimate by eight cents. Revenue of $68.8 million beat the consensus estimate of $68.5 million. Angie's List guided its first quarter revenue to be $71.5...
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UPDATE: Stifel Downgrades Ebay
Thursday, January 23, 2014 - 9:11am | 170In a report published Thursday, Stifel analyst Jordan Rohan downgraded eBay (NASDAQ: EBAY) from Buy to Hold. According to the report, shares of EBAY rallied 5 percent after-hours on the news that Icahn is advocating a split of the payments business from the marketplaces business-- revisiting an...
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UPDATE: Stifel Initiates Coverage on Twitter
Friday, January 17, 2014 - 9:33am | 240In a report published Friday, Stifel analyst Jordan Rohan initiated coverage on Twitter (NYSE: TWTR) with a Buy rating, establishing a $75.00 price target. According to the report, Advertisers have only just begun to figure out how to use the Twitter platform, which itself is adding major...
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Stifel Maintains Buy on Facebook, Driven by Some Clear Monetization Catalysts
Friday, January 10, 2014 - 9:20am | 145In a report published Friday, Stifel analyst Jordan Rohan maintained a Buy rating on Facebook, Inc. (NASDAQ: FB) According to the report, upside remains in shares of FB, driven by some clear monetization catalysts. Instagram and in-stream videos ads should be incremental in 2014. Efforts to...
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Stifel Reiterates on Yahoo
Friday, January 3, 2014 - 10:31am | 190In a report published Friday, Stifel analyst Jordan Rohan reiterated a Buy rating on Yahoo (NASDAQ: YHOO), raising its price target from $40.00 to $49.00. According to the report, there were reports a few weeks ago of a delay in Alibaba's IPO (from 2Q14 until to 2015) -- that would be a clear...
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UPDATE: Stifel Reiterates on Angie's List Following Slight 3Q Results Miss
Thursday, October 24, 2013 - 9:03am | 140In a report published Thursday, Stifel analyst Jordan Rohan reiterated a Buy rating on Angie's List (NASDAQ: ANGI), but lowered the price target from $31.00 to $25.00. In the report, Stifel noted, “We believe that ANGI shares have begun the bottoming process, but the process may take a while. The...
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UPDATE: Stifel Lowers PT on eBay Following Solid 3Q Results, Weak 4Q Guidance
Thursday, October 17, 2013 - 12:01pm | 136In a report published Thursday, Stifel analyst Jordan Rohan reiterated a Buy rating on eBay (NASDAQ: EBAY), but lowered the price target from $65.00 to $63.00. In the report, Stifel noted, “eBay's 3Q results were solid in our view, with in-line revenues with solid expense control. But the company...
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UPDATE: Stifel Lowers PT on Yahoo! Following Below-Estimates 3Q13 Earnings
Wednesday, October 16, 2013 - 10:11am | 177In a report published Wednesday, Stifel analyst Jordan Rohan reiterated a Buy rating on Yahoo! (NASDAQ: YHOO), but lowered the price target from $41.00 to $40.00. In the report, Stifel noted, “Yahoo results were slightly below our estimates, and at the low end of the profit range; 4Q guidance was...
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UPDATE: Stifel Upgrades Groupon on Multiple Positive Factors
Thursday, September 19, 2013 - 9:40am | 177In a report published Thursday, Stifel analyst Jordan Rohan upgraded the rating on Groupon (NASDAQ: GRPN) from Hold to Buy, and named a $16.00 price target. In the report, Stifel noted, “We are increasing our rating on GRPN from Hold to Buy. Even though shares have rallied already, there are at...
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UPDATE: Stifel Raises PT on Facebook Following 2Q13 Results Momentum
Friday, August 30, 2013 - 10:24am | 145In a report published Friday, Stifel analyst Jordan Rohan reiterated a Buy rating on Facebook (NASDAQ: FB), and raised the price target from $38.01 to $50.00. In the report, Stifel noted, “We are increasing our target price on shares of Facebook to $50. Given the impressive momentum from 2Q13...
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UPDATE: Stifel Nicolaus Downgrades Pandora Media on Balanced Risk/Reward
Friday, August 23, 2013 - 9:20am | 137In a report published Friday, Stifel analyst Jordan Rohan downgraded the rating on Pandora Media (NYSE: P) from Buy to Hold, and removed the $23.00 price target. In the report, Stifel noted, “We have reduced our rating on Pandora from Buy to Hold. Three reasons: 1) The investment story for Pandora...
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UPDATE: Stifel Nicolaus Initiates RetailMeNot at Buy on Market Leader Position
Tuesday, August 13, 2013 - 8:49am | 138In a report published Tuesday, Stifel Nicolaus analyst Jordan Rohan initiated coverage on RetailMeNot (NASDAQ: SALE) with a Buy rating and $38.00 price target. In the report, Stifel Nicolaus noted, “RetailMeNot operates the world's largest digital coupon marketplace, facilitating over 20mn...