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The Sell-Side Upgrade Lifting GrubHub Shares Tuesday
Tuesday, June 25, 2019 - 11:55am | 430Food and restaurant delivery company GrubHub Inc (NYSE: GRUB) faces multiple challenges ahead, but they take a backseat to five bullish factors, according to Citi. The Analyst Mark May upgraded GrubHub from Neutral to Buy with a price target lifted from $75 to $91. The Thesis GrubHub's...
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A Travel Pair Trade: Citi Upgrades Booking Holdings, Downgrades Expedia
Thursday, May 23, 2019 - 5:06pm | 355Citi says Booking Holdings (NASDAQ: BKNG) is looking more accomodating. The Analyst Citi analyst Mark May upgraded Booking Holdings from Neutral to Buy and raised his price target from $1,800 to $2,100. May downgraded Expedia Group Inc (NASDAQ: EXPE) from Buy to Neutral and lowered his price target...
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Citi Downgrades Roku To Sell On Increased Competition, Valuation
Monday, April 8, 2019 - 8:55am | 357Shares of Roku Inc (NASDAQ: ROKU) are up more than 110 percent in 2019 alone, which prompted Citi to turn bearish on the stock for a combination of valuation and business concerns. The Analyst Citi's Mark May downgraded Roku from Neutral to Sell with a price target lowered from $53 to $50. The...
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Sell-Side Lifts Expedia Price Targets After Strong Q4 Report, 2019 Outlook
Friday, February 8, 2019 - 4:03pm | 515Shares of online travel agency Expedia Group Inc (NASDAQ: EXPE) soared after a positive earnings report Thursday and company expectations for earnings growth that outpaced earlier Street expectations. Expedia said it expects 2019 growth in the 10-15-percent range, ahead of Wall...
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Citi Slashes Roku Price Target, Names 5 Reasons For Staying Neutral
Monday, January 14, 2019 - 12:52pm | 321After losing around half of its entire market capitalization since peaking in mid-2017 at $77.57, Roku Inc (NASDAQ: ROKU) should not be bought by investors, according to Citi. The Analyst Citi's Mark May maintains a Neutral rating on Roku with a price target lowered from $60 to $44. The...
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5 Reasons Citi Lifts 'Sell' Rating Off Snap's Stock
Monday, January 14, 2019 - 10:43am | 343Citi's bearish stance on social media company Snap Inc (NYSE: SNAP) has come to an end after nearly a year. The Analyst Citi's Mark May upgraded Snap from Sell to Neutral with a price target lifted from $6 to $7. The Thesis Citi's "Sell" rating dates back to Feb. 20, 2018...
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Upwork Will Benefit From The Freelance Economy, Analysts Say
Monday, October 29, 2018 - 3:46pm | 478Global freelancing website Upwork Inc (NASDAQ: UPWK) saw its shares soar more than 50 percent after it started trading in early October. Here's a roundup of what some of the Street's top analysts are saying as its IPO quiet period expires. The Analysts RBC Capital Markets' Mark...
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The Street Reacts To Netflix's Q3
Wednesday, October 17, 2018 - 11:16am | 908Streaming video platform Netflix, Inc. (NASDAQ: NFLX) reported Tuesday with third-quarter results that initially sent shares soaring higher by more than 10 percent. Here's how some of the Street's top analysts reacted to the print. The Analysts Bank of America's Nat...
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Citi's May Says Buy The Dip In Netflix
Friday, October 12, 2018 - 10:30am | 340With Netflix, Inc. (NASDAQ: NFLX) down more than 15 percent over the past three months, investors may want to consider buying the dip, according to Citi. The Analyst Citi's Mark May upgraded Netflix from Neutral to Buy with an unchanged $375 price target. The Thesis Citi's prior...
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Citi Says Buy The Dip In GoDaddy
Thursday, October 11, 2018 - 9:51am | 356With the stock down nearly 8 percent over the past three months and much of the downside arriving in recent weeks, shares of Godaddy Inc (NYSE: GDDY) are a buying opportunity, according to Citi. The Analyst Citi's Mark May upgraded GoDaddy from Neutral to Buy with an $86 price target...
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Analysts React To Trade Desk's Blowout Quarter
Friday, August 10, 2018 - 1:22pm | 507Trade Desk Inc (NASDAQ: TTD) stock skyrocketed more than 36 percent on Friday after a huge second-quarter earnings beat and raised guidance. For traders wondering whether to stay along for the ride or take the money and run, here’s what several Wall Street analysts had to say about the stock...
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Citi, JPMorgan Downgrade Booking Holdings On Lower Growth Projections
Friday, August 10, 2018 - 10:27am | 396Shares of online travel agency Booking Holdings, Inc. (NASDAQ: BKNG) dropped after the company's second-quarter print Thursday. The Analysts Citi analyst Mark May downgraded Booking Holdings from Buy to Neutral and lowered the price target from $2,350 to $2,150. JPMorgan analyst...
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Roku Channel, New Interface Lift Citi's Rating On The Stock From Sell To Neutral
Tuesday, March 27, 2018 - 9:26am | 371Roku Inc (NASDAQ: ROKU)'s stock started 2018 trading north of $50 and has since lost nearly $20 per share to flirt with Citi's prior price target of $33. Accordingly, a bearish stance on the stock is no longer appropriate. The Analyst Citi's Mark May upgraded Roku's stock rating...
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For Roku, Valuation 'Caught Up With Reality'
Friday, February 23, 2018 - 3:13pm | 407Roku Inc (NASDAQ: ROKU)'s earnings report Wednesday sent shares tumbling, which is likely to reinvigorate the bull-bear debate moving forward. Tigress' Feinseth: Catching Up To Reality Roku's disappointing guidance was a contributing factor to the stock's decline and after...
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Citi Maintains Sell Rating On Roku, But Expects Positive Q4 Surprise
Tuesday, February 20, 2018 - 3:22pm | 342Roku Inc (NASDAQ: ROKU) reported its third-quarter results in early November, sending shares soaring higher by more than 50 percent. Heading into the company's fourth-quarter report Wednesday, investors could be treated to another surprise — but this isn't reason enough to buy the...