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ETFs Locked And Loaded For Apple Earnings
Tuesday, October 31, 2017 - 1:55pm | 566Apple Inc. (NASDAQ: AAPL), the largest U.S. company by market value, steps into the earnings confessional Thursday after the close of U.S. markets. The iPhone maker is expected to post per share earnings of $1.89 for its most recently completed quarter, but Apple has a penchant for beating Wall...
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Roku: Here Are The Potential Risks And Rewards That Matter
Monday, October 23, 2017 - 2:00pm | 498Analysts at RBC Capital Markets don't see a bullish scenario for Roku Inc (NASDAQ: ROKU) as the stock is reasonably valued in the near term after a 60-percent gain since its IPO pricing. The firm's Mark Mahaney initiated coverage of Roku's stock with a Sector Perform rating and $26 price target....
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'PE FANG' Is The New 'FANG,' Says Internet Analyst Mark Mahaney
Friday, September 29, 2017 - 12:20pm | 434Notable internet analyst Mark Mahaney of RBC Capital is a fan of the "FANG" group, but he feels an addition of two names to create "PE FANG" would be more appropriate. The "FANG" group brings together four of the biggest internet-related names, including Facebook Inc (...
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RBC Highlights Redfin Risks And Rewards
Tuesday, August 22, 2017 - 8:59am | 454While initiating coverage of real estate brokerage Redfin Corp (NASDAQ: RDFN), RBC Capital Markets highlighted the risks and rewards associated with the shares of the company. The firm initiated coverage of the company with a Sector Perform rating and a $28 price target. In pre-market trading,...
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These Analysts Still Have An Appetite For Blue Apron
Saturday, August 12, 2017 - 2:47pm | 558Notwithstanding the abysmal showing by Blue Apron Holdings Inc (NYSE: APRN)'s stock since its listing on June 29 and the mixed quarterly results from the company, RBC Capital Markets and Canaccord Genuity analysts still have appetite for the shares of the company. RBC Capital Markets maintains...
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Wall Street Whiffs On Blue Apron's First Quarterly Earnings Report
Thursday, August 10, 2017 - 9:45am | 631Things keep going from bad to worse for one of the most disastrous Wall Street IPOs in recent history. On Thursday, Blue Apron Holdings Inc (NYSE: APRN) released its first quarterly earnings report since its June IPO, and the company revealed a much larger loss than Wall Street was expecting. The...
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Paul Meeks, Mark Mahaney Talk Snap's Lockup Expiration
Monday, July 31, 2017 - 9:58am | 414Shares of Snap Inc (NYSE: SNAP) were trading lower by around 3 percent early Monday morning ahead of the expiration of its share lockup period, which paves the way for hundreds of millions of shares to be unloaded in the open market for the first time ever. But before jumping to any conclusion as...
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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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11 Wall Street Analysts Weigh In On Netflix's Blowout Quarter
Tuesday, July 18, 2017 - 4:28pm | 1015Netflix, Inc. (NASDAQ: NFLX) shares surged 13.3 percent on Tuesday after the company reported blowout subscriber growth in Q2. A number of Wall Street analysts commented on the stock following the report. The stock closed Tuesday at a new all-time high of $183.60, up 13.5 percent on the day. Here...
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Netflix Defies Bears Once More With Strong Q2, Solid Guidance
Tuesday, July 18, 2017 - 12:22pm | 422The Netflix, Inc. (NASDAQ: NFLX) rally continued, with the company reporting second-quarter earnings. Though earnings were a penny shy of estimates, revenues eased past estimates and net subscriber additions beat even the wildest of expectations. Commenting on the results, RBC Capital Markets...
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Don't Buy This Tech Dip, Notable Internet Analyst Says
Monday, June 12, 2017 - 2:09pm | 502Internet stocks suffered a notable pull-back Friday, but an Apple Inc. (NASDAQ: AAPL) downgrade Monday morning merely added to the bearish sentiment. As such, the question fresh on many investors mind: Is now a time to be buyers of internet stocks or sellers? RBC Capital Markets' Mark Mahaney, one...
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Notable Netflix Analyst Explains Why Amazon Isn't A Competitor
Wednesday, May 31, 2017 - 4:16pm | 316Ask any Netflix, Inc. (NASDAQ: NFLX) to name the company's biggest competitors in the online video streaming place and their response will likely include Amazon.com, Inc. (NASDAQ: AMZN). After all, Amazon is spending billions of dollars in its streaming video platform, which makes it a direct...
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This Earnings Season Made Netflix The Top Long-Term Internet Pick
Saturday, March 4, 2017 - 12:13pm | 659Reviewing the fourth quarter results of Internet companies, RBC Capital Markets said Netflix, Inc. (NASDAQ: NFLX) is its top large-cap pick, as it sees its long thesis as fully intact, stronger even. The firm noted the fourth quarter results of Internet companies showed robust growth trends....
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Wall Street Consensus On Twitter: Sell The Stock
Friday, February 10, 2017 - 12:03pm | 356Shares of Twitter Inc (NYSE: TWTR) continued trading lower on Friday after Thursday's disappointing earnings report resulted in a more than 10 percent selloff in the stock. 14 Voices From The Street Here is a roundup of the mostly unanimous bearish outlook from Wall Street's top analysts following...