Mark May

Citi analyst Mark May downgraded Snap Inc (NYSE: SNAP) from Buy to Neutral with a $20 price target. 3 Reasons User growth was disappointing in the first quarter, weakening the company’s monetization and profit leveraging potential in the near term. A slower rollout of new platforms has slowed...

Snap Inc (NYSE: SNAP) shares are down more than 21 percent following its first earnings report as a public company, but Citi analyst Mark May said the post-earnings sell-off is a buying opportunity for traders. According to May, traders are focusing too much on slowing daily active user growth and...

Shares of Netflix, Inc. (NASDAQ: NFLX) were trading lower by around 1 percent Tuesday morning after the company reported its first-quarter results. Here is a summary of what some of Wall Street's most notable analysts were saying after the print. Deutsche Bank: Maintain At Hold Bryan Kraft of...

"While user growth and audience scale may remain modest compared with Facebook Inc (NASDAQ: FB), the low rate of monetization currently and the high rate of engagement and penetration of Snapchat’s product within its core 13-24 age demo should enable significant revenue growth and margin...

Amazon.com, Inc. (NASDAQ: AMZN)'s AWS segment announced a reduction in storage prices for both S3 and Glacier with effect from December 1. This follows the EC2 Compute price cut announced on November 14. “Importantly, we do not view these moves as an indication of competitive pressures or a...

Terming the potential moderation in margin expansion as a near-term headwind for Amazon.com, Inc. (NASDAQ: AMZN), Citi said this is unlikely to change its long-term thesis for the company. Margins, Profit Drive Stock's Recent Outperformance Analyst Mark May sees the significant outperformance of...

Shares of eBay Inc (NASDAQ: EBAY) fell 8 percent in Thursday’s pre-market after the company reported a soft Marketplace GMV and active buyer growth for the third quarter and disappointing fourth-quarter guidance amid heightened expectations. Total GMV grew 5.5 percent, though U.S. Marketplace...

Facebook Inc (NASDAQ: FB) announced the launch of Workplace, marking its first major foray into the enterprise software market. While saying that estimating the Workplace potential was difficult, it could represent “a several hundred million dollar incremental revenue opportunity,”...

It has now been almost a full week since CNBC's David Faber reported that Twitter Inc (NYSE: TWTR) is engaged in discussions with potential acquirers over a sale of itself. The initial report last Friday singled out salesforce.com, inc. (NYSE: CRM) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) as...

Wall Street analysts are certainly busy this week dissecting the seemingly never-ending round of Twitter Inc (NYSE: TWTR) acquisition rumors. There is however one key theme - analysts for the most part aren't overly optimistic and enthusiastic over a potential deal. Citi's Mark May...

Twitter Inc (NYSE: TWTR) shares moved up 20 percent on September 23 following press reports that the company had initiated discussions with several media and technology companies that could lead to a formal bidding process. Citi’s Mark May maintains a Neutral rating on the company, with a...

Street estimates for Facebook Inc (NASDAQ: FB) appear reasonable and could even prove conservative, according to Citi’s Mark May. He maintained a Buy rating on the company, while raising the price target from $148 to $158. It's difficult to overstate the impact Facebook has on people...

While Twitter Inc (NYSE: TWTR) reported its 2Q16 revenue roughly in line with the estimate, with the EPS beating the estimate, the 3Q guidance was meaningfully below expectations. Citi’s Mark May maintains a Neutral rating on the company, with a price target of $16. Disappointing Guidance...

Twitter Inc (NYSE: TWTR) plans to report earnings after the close Tuesday, and many investors are speculating whether the social media giant can maintain or grow its amount of monthly active users (MAUs). Citi's Take Citigroup's Mark May argued Twitter's recent rally was ending, however, as MAUs...