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Aiera Introduces Aieracast, A New Way To Access, Stream, And Examine Earnings Calls
Wednesday, July 22, 2020 - 12:00pm | 281Aiera, an event access and monitoring intelligence platform, formally announced the launch of Aieracast, a technology that allows analysts to access, stream, and examine multiple earnings calls simultaneously. What Happened? Aiera is a holistic platform for earnings calls, regulatory filings,...
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'Margins To The Rescue' After Amazon Misses Q2 Sales Estimates
Friday, July 27, 2018 - 11:07am | 625Amazon.com, Inc. (NASDAQ: AMZN) reported earnings for the second quarter Thursday. Earnings per share and sales came in at $5.07 and $5.29 billion, respectively. The company also issued guidance for Q3 just below consensus estimates, but with significantly higher operating profits. It was this...
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The Cloud Rains Opportunity For Alibaba; Wells Fargo Projects 21% Upside In Shares
Thursday, June 14, 2018 - 11:39am | 356Wells Fargo came away from Alibaba Group Holding Ltd (NYSE: BABA)'s Cloud Computing Conference in Shanghai feeling encouraged about the company's cloud opportunity. The Analyst Analyst Ken Sena maintained an Outperform on Alibaba and increased the price target for the shares...
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Alphabet's Q3 Shows Top-Line Upside Across The Board
Friday, October 27, 2017 - 11:14am | 490Commenting on Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG)'s third-quarter results, Wells Fargo Securities said the revenue upside was seen across all major segments. As such, the firm maintains its Overweight rating on the shares of the company and raised its price target from $1,250 to $1,275....
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Analyst Amazed With Amazon's Top And Bottom Beat And Raise In Q3
Friday, October 27, 2017 - 9:38am | 486Wells Fargo Securities was left mesmerized by Amazon.com, Inc. (NASDAQ: AMZN)'s third-quarter results, with the firm qualifying the results as a lot better than expected. The firm reiterated its Outperform rating and raised its price target on the shares from $1,400 to $1,430. In pre-market...
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Expect Amazon's 'Flywheel' Approach To Continue Adding To Long-Term Upside
Wednesday, September 27, 2017 - 1:49pm | 360Analysts at Wells Fargo believe that artificial intelligence and other next generation technologies will support Amazon.com, Inc. (NASDAQ: AMZN)'s stock. The firm's Ken Sena resumes coverage of Amazon's stock with an Outperform rating and $1,400 price target. Amazon continues to make use of...
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28% Upside And Chill? Wells Fargo Expects Netflix To Outperform
Wednesday, September 27, 2017 - 1:23pm | 479Analysts at Wells Fargo see plenty of reasons for investors to be bullish on Netflix, Inc. (NASDAQ: NFLX). The firm's Ken Sena initiated coverage of Netflix's stock with an Outperform rating and $230 price target. Netflix is not only an industry leader in the online video streaming segment...
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Analyst: Amazon Echo Is A Very Big Deal
Wednesday, January 11, 2017 - 2:39pm | 275Ken Sena, a senior analyst at Evercore ISI, was a guest on "Bloomberg Surveillance" Wednesday to offer his take on how important Amazon.com, Inc.'s (NASDAQ: AMZN) Echo device is to the company's future. According to Sena, Amazon's intelligent personal assistant was one of...
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Evercore Upgrades Priceline To Buy Citing Scale Advantages And EU Penetration
Thursday, August 18, 2016 - 8:38am | 318With the growing importance of machine learning and artificial intelligence, the need for audience data platforms to deliver in terms of execution, innovation and differentiation would become mission critical, Evercore ISI’s Ken Sena said in a report. Analyst Sena upgraded the rating on...
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Twitter Is More Risk Than Reward Right Now; Evercore Downgrades Stock To Sell
Thursday, August 18, 2016 - 8:12am | 398Major social platforms are investment huge amounts of funds into data infrastructure and R&D. Twitter Inc (NYSE: TWTR) could face significant risks as competing social platforms hone their broadcasting capabilities, Evercore ISI’s Ken Sena said in a report. He downgraded the rating on...
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Twitter Has 12% More Downside On Weak Traffic, Evercore ISI Warns
Tuesday, December 15, 2015 - 10:22am | 356Twitter Inc (NYSE: TWTR) shares have lost 31 percent in the last six months, even after hitting a high of $36.54 on July 28. Evercore ISI’s Ken Sena maintained a Hold rating on the company, while reducing the price target from $25 to $22. The company is losing ground to competitors...
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Wall Street: It's Not Over For Yahoo's Tax-Free Alibaba Spinoff
Wednesday, September 9, 2015 - 1:11pm | 885Shares of Yahoo! Inc. (NASDAQ: YHOO) were trading lower by nearly 2 percent heading into Wednesday's regular trading session after the company announced on Tuesday that the IRS has decided not to grant a private letter ruling regarding the proposed tax-free spin of Alibaba Group Holding Ltd (NYSE:...
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UPDATE: Evercore Downgrades Groupon
Friday, October 10, 2014 - 9:21am | 115On Friday, analysts at Evercore downgraded shares of Groupon Inc (NASDAQ: GRPN) to Sell from Equal-weight and maintained the $5.50 price target. Ken Sena of Evercore is skeptical of Groupon’s ability to achieve its 2014 adjusted EBITDA forecast of $270 million. In addition, he sees...
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Evercore Expects Upside For Zynga Amid 'Challenging' Trends And Delays
Friday, June 6, 2014 - 11:23am | 127Evercore analyst Ken Sena reiterated an Equal-Weight rating on Zynga (NASDAQ: ZNGA) and lowered the price target from $5.50 to $4.50 on challenging trends and forecasted delays. In the report, Sena emphasized that the company may see an upside amid challenging traffic trends and “likely launch...
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How Can LinkedIn Double Its Addressable Market?
Tuesday, June 3, 2014 - 9:27am | 135In a note released Tuesday morning, Evercore analyst Ken Sena reiterated his Buy rating on LinkedIn (NYSE: LNKD) while lowering his price target from $240 to $220. Looking at the company, Sena believes it could benefit from putting a larger emphasis on the functionality of its search option. He...