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Analysis: Amazon's Potential Still Largely Untapped
Tuesday, January 9, 2018 - 10:34am | 393Amazon.com, Inc. (NASDAQ: AMZN) has had an incredible run in the past decade, gaining more than 1,300 percent. However, one Wall Street analyst says Amazon is nowhere close to peaking. The Analyst Piper Jaffray analyst Michael Olson reiterated an Outperform rating for Amazon and has raised his...
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Apple's New iPhone Cycle A Case Of 'Short-Term Pain For Long-Term Gain'?
Tuesday, October 31, 2017 - 12:19pm | 454Apple Inc. (NASDAQ: AAPL) investors haven’t known quite what to make of reports that iPhone 8 demand has fallen short of expectations. Low demand would typically be bad news for Apple. But in this case, it could simply be a sign that Apple customers are holding out for the iPhone X. As a...
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More Subscriber Upside Likely For Netflix In Q3
Monday, September 18, 2017 - 9:39am | 362After a blowout second quarter, Piper Jaffray is expecting big things from Netflix, Inc. (NASDAQ: NFLX) in the current quarter as well. On Monday, analyst Michael Olson said Google search data suggests Netflix could easily exceed its subscriber growth targets when it reports earnings next month....
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Analysts Take The Measure Of Apple's iPhone X
Thursday, September 14, 2017 - 9:05am | 904Apple Inc. (NASDAQ: AAPL), which has emerged as a Wall Street darling, sent sell-side into a tipsy with its long-awaited launch of its next iteration of iPhone, code named the iPhone X. Up until now, rumors were flying thick and fast concerning its features, functionalities, pricing, etc....
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Analyst: Why The iPhone X Lived Up To Lofty Expectations
Wednesday, September 13, 2017 - 12:15pm | 475Heading into Apple Inc. (NASDAQ: AAPL)'s product launch event Tuesday, expectations for a high-end iPhone were elevated. The iPhone X, once announced, most certainly lived up to the "lofty expectations," at least according to Piper Jaffray's Michael Olson who maintains an...
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Netflix Season 2 Episode 1: Expectations For International May Be Way Too Conservative
Thursday, May 25, 2017 - 9:59am | 573Piper Jaffray said in a note on Thursday assumptions concerning Netflix, Inc. (NASDAQ: NFLX)'s international margin and penetration levels appear overly conservative. Domestic Vs. International Growth Trajectory For his comparative analysis, analyst Michael Olson compared the Netflix domestic...
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The Road To $1 Trillion: Amazon Can Beat Apple
Sunday, April 23, 2017 - 12:57pm | 356Which company will hit a $1 trillion valuation first, Amazon.com, Inc. (NASDAQ: AMZN) (current valuation $430 billion) or Apple Inc. (NASDAQ: AAPL) (current valuation $756 billion)? According to Piper Jaffray's Michael Olson, Amazon will be first to hit the coveted milestone even though Apple has a...
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Netflix Q1 A Mixed Bag, But Don't Expect All Metrics To Be Perfect Every Quarter
Tuesday, April 18, 2017 - 11:12am | 489Perfection in itself is hard to achieve and to deliver that perfection quarter after quarter is a tough standard to maintain. Piper Jaffray argued for condoning Netflix, Inc. (NASDAQ: NFLX) for the offence of delivering mixed quarterly results and mixed guidance, by stating that one cannot expect...
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Game Over For GameStop?
Wednesday, November 2, 2016 - 3:37pm | 318Close on the heels of GameStop Corp. (NYSE: GME) offering a downbeat forecast, Piper Jaffray downgraded the stock from an Overweight rating to a Neutral rating. The firm also slashed its target price by $18 or nearly 44 percent from $41 to $23 on the stock, which was down more than 10 percent....
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Piper's Earnings Preview For Gaming Sector: 3 Stocks At Overweight
Monday, October 24, 2016 - 3:29pm | 508Video gaming companies are on deck to report their quarterly earnings results, and Michael Olson of Piper Jaffray offered his take in a research report. Electronic Arts Electronic Arts Inc. (NASDAQ: EA) (reporting November 1) is expected to report an in-line quarter even though September's NPD...
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Piper Jaffray's Olson Says Netflix's Earnings Will Be 'More OK Than Great'
Monday, October 17, 2016 - 1:49pm | 383Netflix, Inc. (NASDAQ: NFLX) is scheduled to report its third-quarter results after Monday's closing bell, which are expected to be "more OK than great," at least according to Piper Jaffray's Michael Olson. Speaking as a guest on CNBC's "Squawk Alley" segment, Olson said the last few quarters have...
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Piper Jaffray Considers Electronic Arts' 2017 Pipeline More Attractive Than 2016's Pipeline
Wednesday, August 3, 2016 - 2:46pm | 375Piper Jaffray maintains its Overweight rating on Electronic Arts Inc. (NASDAQ: EA), saying that the FY17 pipeline appears more attractive than FY16's pipeline. "[T]he combination of Battlefield 1, Mass Effect, and Titanfall 2 likely to contribute >25M units. Each title also has strong potential to...
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Piper Previews E3: Conference Is Potential Catalyst For Gaming Group, Electronic Arts Likely Frontrunner
Wednesday, June 8, 2016 - 12:24pm | 265Piper Jaffray's Michael Olson analyzed the gaming sector before the popular E3 conference, an event scheduled to showcase video gaming companies on June 12. The gaming group — including Electronic Arts Inc. (NASDAQ: EA), Activision Blizzard, Inc. (NASDAQ: ATVI), GameStop Corp. (NYSE: GME) and...
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Instant Book Will Create Stronger Long-Term Economics For TripAdvisor, Piper Jaffray Says
Monday, June 6, 2016 - 3:34pm | 229Shares of Tripadvisor Inc (NASDAQ: TRIP) traded up more than 4.5 percent Monday. While news on the company has been sparse, some traders have attributed the upside to earlier positive comments from a Piper Jaffray analyst. In a morning research note, Michael Olson reiterated an Overweight...
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Netflix Will Double Subscribers By 2020 (Or Come Close)
Tuesday, February 2, 2016 - 12:02pm | 359Netflix, Inc. (NASDAQ: NFLX) shares are trading flat in the $93 range early Tuesday morning, despite an upgrade from Piper Jaffray analyst Michael Olson. The firm cited valuation as the primary reason for its bullishness, adding that international growth is the key story regardless of what...