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UPDATE: Evercore Upgrades Facebook On Advantages In Mobile Ad Networking
Thursday, May 22, 2014 - 10:53am | 196Read More...In a report published Thursday, Evercore analyst Ken Sena upgraded Facebook (NASDAQ: FB) from Equalweight to Overweight and raised the price target from $69.00 to $75.00 on opportunities and advantages. Sena noted the recent pullback in shares following the company's strong quarter, the Facebook...
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UPDATE: Evercore Downgrades Facebook Noting Youth Engagement & WhatsApp Monetization Concerns
Thursday, February 20, 2014 - 4:17pm | 356Read More...In a report published Thursday, Evercore analyst Ken Sena downgraded Facebook (NASDAQ: FB) from Overweight to Equal-Weight and lowered the price target from $70.00 to $60.00. Sena noted that although opportunity for higher ad pricing remains, "the cost of delivering increased engagement that is...
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Twitter Ends 2013 With A Surprise Profit
Wednesday, February 5, 2014 - 5:54pm | 679Read More...Is Twitter (NYSE: TWTR) the real deal? Investors got their first hint of an answer this afternoon when the social media firm reported its fourth quarter results. The company's monthly active users (MAUs) now stand at 241 million -- a 30 percent increase year-over-year. When Twitter had its...
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Evercore Raises PT on Twitter with Edge on Video
Thursday, January 2, 2014 - 1:58pm | 213Read More...In a report published Thursday, Evercore analyst Ken Sena raised the price target on Twitter (NYSE: TWTR) from $52.00 to $70.00 and maintained an Overweight rating. Evercore sees Twitter's platform experience becoming a leader for shortform video content viewing and discovery with the potential...
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Google Might Team with Audi to Supersede Apple's In-Car Initiative
Monday, December 30, 2013 - 5:46pm | 621Read More...Apple (NASDAQ: AAPL) is one of the largest companies developing in-car technology, but Google (NASDAQ: GOOG) might be hatching a plan to overtake its competitor. According to The Wall Street Journal, Google and Audi (OTC: AUDVF) will announce a new partnership next week at the Consumer...
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UPDATE: Evercore Group Downgrades eBay on Less Expected Potential for Outperformance
Wednesday, December 4, 2013 - 1:23pm | 116Read More...In a report published Wednesday, Evercore Group analyst Ken Sena downgraded the rating on eBay (NASDAQ: EBAY) from Overweight to Equal-Weight, and lowered the price target from $64.00 to $58.00. In the report, Evercore Group noted, “Our rating revision weighs eBay's large addressable markets and...
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UPDATE: Evercore Partners Initiates Coverage on Twitter on Positive Outlook
Thursday, November 7, 2013 - 10:40am | 147Read More...In a report published Thursday, Evercore Partners analyst Ken Sena initiated coverage on Twitter (NYSE: TWTR) with an Overweight rating and $43.00 price target. In the report, Evercore Partners noted, “Twitter has clear similarities to Google, Facebook and LinkedIn, but we would argue that TWTR...
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UPDATE: Evercore Raises PT on Facebook on Positive Outlook
Tuesday, October 15, 2013 - 10:15am | 120Read More...In a report published Tuesday, Evercore analyst Ken Sena reiterated an Overweight rating on Facebook (NASDAQ: FB), and raised the price target from $45.00 to $60.00. In the report, Evercore noted, “In this report, we explore FB's recently rolled out customizable audience tools and how data...
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UPDATE: Evercore Upgrades Zynga, Awaiting New Popular Games
Thursday, September 12, 2013 - 3:15pm | 146Read More...In a report published Thursday, Evercore Partners analyst Ken Sena upgraded Zynga (NASDAQ: ZNGA) from Underweight to Equal-weight with an unchanged $3 price target. In the report, Sena noted that, “despite continued user declines, the floor protection provided by the company's high cash balance...
