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Roblox Analysts Divided On Timing Of Margin Expansion, $5B Market Cap Correction Is 'Excessive'
Thursday, August 10, 2023 - 11:34am | 589Shares of Roblox Corp (NYSE: RBLX) were rising in early trading on Thursday, after tanking in the previous session on the company’s revenue miss. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Morgan Stanley analyst Matthew...
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Trade Desk Shares Rally After Another Analyst Raises Forecast
Friday, June 2, 2023 - 10:15am | 248Trade Desk Inc (NASDAQ: TTD) shares rose in early trading on Friday, continuing an upward trajectory from the previous session, after RBC Capital Markets analysts raised the price target from $77 to $85. The Trade Desk Analyst: Morgan Stanley’s Matthew Cost upgraded the rating for Trade Desk...
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AppLovin Just Beat Earnings And Shares Are Flying — But What Do The Analysts Think?
Thursday, May 11, 2023 - 1:37pm | 570Mobile app tech company AppLovin Corp (NASDAQ:APP) reported its first-quarter results on Wednesday at the closing bell, beating revenue expectations while missing on earnings. The stock is also flying higher. By The Numbers: The company posted revenues of $715.4 million, beating consensus...
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Wells Fargo, Morgan Stanley Upgrade Activision: What You Need To Know About The Microsoft Deal
Monday, November 28, 2022 - 1:30pm | 552Analysts at Wells Fargo & Co (NYSE: WFC) and Morgan Stanley (NYSE: MS) each gave Activision Blizzard Inc (NASDAQ: ATVI) an updated price target of $95 per share Monday, following the news the buyout deal tendered by Microsoft Corp (NASDAQ: MSFT) may be blocked. What Happened: Microsoft is...
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3 Take-Two Interactive Software Analysts Call Q2 Weak, Praise 'Solid' Zynga
Tuesday, November 8, 2022 - 12:14pm | 331Take-Two Interactive Software, Inc (NASDAQ: TTWO) reported second-quarter results after market close Monday. Benchmark Analyst Mike Hickey reiterated a Buy rating, while reducing the price target to $139. The company’s quarterly results were “disappointing,” as it missed “...
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Trade Desk Touts A 'Long Growth Runway,' Expect Market Share Gains: Analyst
Tuesday, October 18, 2022 - 11:59am | 265Trade Desk Inc. (NASDAQ: TTD), a demand-side platform (DSP) and leader in connected television (CTV), is expected to grow its market share while maintaining EBITDA margins of around 40% going ahead, according to Morgan Stanley (NYSE: MS). The Trade Desk Analyst: Matthew Cost initiated coverage of...
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Why These Analysts Cut Unity Software Price Target By 50%
Wednesday, May 11, 2022 - 10:59am | 329Shares of Unity Software Inc (NYSE: U) tanked more than 30% after the company reported a wider-than-expected net loss for the first quarter and issued weak revenue guidance. Morgan Stanley On Unity Software: Analyst Matthew Cost maintained an Overweight rating, while lowering the price target from...